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Open Core Ventures Handbook/🥋Finance Operations for OCV Companies/🚨Taxes/🗓️Typical U.S. corporate tax calendar [in-process]

Typical U.S. corporate tax calendar [in-process]

Typical U.S. Corporate Tax Calendar

The U.S. tax system is complex and requires corporations to adhere to strict tax deadlines. To avoid penalties and interest, it is essential to understand the typical U.S. corporate tax calendar.
It is important to note that these dates may vary slightly depending on the corporation's specific circumstances. It is also crucial to keep in mind that failing to meet these deadlines can result in penalties and interest, which can significantly increase the corporation's tax liability.
By understanding the typical U.S. corporate tax calendar and staying on top of important deadlines, corporations can avoid unnecessary penalties and ensure compliance with the U.S. tax code.
Here is a breakdown of the important dates that corporations need to keep in mind:

January 15

The deadline for corporations to pay the fourth and final installment of estimated taxes for the previous year.

March 15

The deadline for corporations to file their tax returns or request an extension. If a corporation requests an extension, it has until September 15 to file its tax return.

April 15

The deadline for corporations to pay any taxes owed for the previous year. This is also the deadline for corporations that operate on a calendar year to file their tax returns.

June 15

The deadline for corporations that operate on a fiscal year to file their tax returns.

September 15

The deadline for corporations that requested an extension to file their tax returns.

October 15

The deadline for corporations that requested an extension to pay any taxes owed for the previous year.