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P.O. Box 1115
Richmond, Va. 23218-1115
(804) 367-8031 (Individual)
(804) 367-8037 (Business)
 
 
December 2014 e-Alerts Digest         CORPORATION INCOME TAX

tenFiling Reminders

 

Payments for the Virginia Corporation Income Tax are due electronically on or before Dec. 15, 2014 from:

  • Calendar year filers required to make estimated tax payments for the fourth installment period of 2014. See the instructions for Form 500 ES for information on estimated payment requirements.

Also, Corporation Income Tax returns (Form 500) are due electronically on or before Dec. 15, 2014 from:

  • Fiscal year filers whose taxable year ends on Aug., 2014.
  • Fiscal year filers whose taxable year ends on Feb. 28, 2014 and who are filing under Virginia's automatic six-month extension.
Virginia Automatic Extension Reminder: Virginia law provides for an automatic six-month extension from the original due date for filing. To take advantage of the automatic extension, the return must be filed on or before the end of the extension period. Please note: The automatic extension does not allow for additional time to pay any balance of tax due. Penalty and/or interest may apply to returns with a tentative tax due that was not paid by the original due date for filing the return. Also, the extension penalty may apply to returns that were filed during the extension period if less than 90 percent of the return's total tax liability was paid by the original due date.

 

For details regarding Corporation Income Tax extensions and penalties or for information on how to file and pay electronically, visit the Department of Taxation's Corporation Income Tax web page. Additional electronic filing information is posted on the Department's Corporate e-File web page.

 

Electronic Filing Mandate Reminder: All taxpayers who are subject to the Corporation Income Tax must file their estimated tax payments, annual income tax returns, and final payments electronically. This includes Taxable Year 2013 returns, tax due payments, and extension payments, as well as Taxable Year 2014 estimated payments. Taxpayers who wish to request a waiver of the requirement to file and/or pay electronically because of undue hardship should submit the Virginia  Corporation Electronic Filing Waiver Request form. 

 

Remember: It is very important that we maintain accurate information regarding taxpayer businesses. Many tax account updates can be performed through our Business iFile system. Visit the Online Services FAQ web page for information on what updates taxpayers can make through Business iFile.

 

elevenWalk-In Center to Reopen in Januarythree

 

Our Customer Service Walk-in Center located at 1957 Westmoreland St. in Richmond will reopen on Monday, Jan. 12, 2015. Hours will be 8:30 a.m. to 5 p.m. Taxpayers can receive assistance with individual and business tax matters. 

 

The Cashiers' Office is open year-round to accept payments at the same location during the same hours. 

  

 

Live Chat will no longer be available after Dec. 31, 2014 due to required budget reductions at the Virginia Department of Taxation. 

 

For assistance, please call our Customer Support Center, Monday through Friday from 8:30 a.m. to 5 p.m. at (804) 367-8031 for individuals, (804) 367-8037 for businesses or (804) 367-8045 for collections.

 

You may also send us a secure email for matters that are not time sensitive. For more information, see Contact Us on our website. 

 

 

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