For years beginning after 12/31/15, the tax filing deadline for Partnerships has been moved up to March 15th following the calendar year for which the return is being filed, or the 15th day of the third month following the close of a fiscal year.

For C Corporations, the deadline is now April 15th, or the 15th day of the fourth month following the close of a fiscal year. For all entities affected by the new filing dates, the automatic extension period has been adjusted accordingly.

The changes were included as part of the recently enacted Surface Transportation and Veterans Health Care Choice Improvement Act of 2015. The Act contained a number of tax changes that were added to the original bill that extended highway funding and provided funding for veterans health care programs.

To determine if your business will be affected by the new tax filing deadlines, please contact Gray, Gray & Gray's Tax Department.