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07/09/2008

News / Filing extensions changing for some business returns in 2009



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Issue Number: 2008-14
Inside This Issue

1. Filing extensions changing for some business returns in 2009
2. Business Economic Stimulus payment FAQs updated
3. SBTV features info on Form 2290
4. SBA introduces new online courses for small business owners

1. Filing extensions changing for some business returns in 2009

In IR-2008-84, the IRS announced that the Extension of Time to File for businesses filing Forms 1065, 1041 or 8804, will be five months instead of six to allow K-1 recipients time to prepare and file their own returns.

This change is effective for extension requests for tax returns due on or after Jan. 1, 2009, and applies to tax years ending on or after Sept. 30, 2008.
Sources: http://mail.google.com/mail/#inbox/11b07e9cc9ffb765

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