Death and taxes are the only two guarantees in life. But new filing deadlines, which generally take effect for the 2016 tax year and thereafter, will certainly sway how the latter influences small businesses going forward.
Efficiency is a major catalyst for moving many of the existing deadlines. Partnerships and S corporations are known as “flow-through” entities, meaning any due date changes for these commodities gives individual owners time to plug that filing information into their April 15 income tax returns.
