What are small business tax deadlines in 2023?
TurboTax by Intuit has posted a useful list of key tax deadlines for businesses in 2023:
January 16, 2023 - 4th Quarter 2022 estimated tax payment due
March 15, 2023 - Taxes are due for some business types (partnerships, multi-member LLCs, and S-Corporations). Businesses organized as partnerships, including multi-member LLCs, and S-Corporations need to file Form 1065, or 1120S by March 15, 2023, if they are a calendar year business. If your business uses a fiscal year, you need to file your tax return by the 15th day of the third month following the close of your tax year. For example, if your business uses an April 1 - March 31 tax year, your business tax return would be due June 15 instead of March 15.
April 18, 2023 - Taxes for C-Corporations are due. Businesses organized as C-Corporations need to file form 1120 by April 18, 2023, if they are a calendar year business. If your business uses a fiscal year, you need to file your tax return by the 15th day of the third month following the close of your tax year. For example, if your business uses an April 1 - March 31 tax year, your business tax return would be due June 15 instead of in April.
September 15, 2023 - Deadline for extended partnership and S-corporation returns
October 16, 2023 - Deadline for extended C-corporation returns
January 15, 2024 - Fourth quarter 2023 estimated tax payment due
Note: These deadlines are for federal taxes only. Small businesses may also have state and local tax filing and payment deadlines that they need to be aware of. It is important to check with the relevant tax authorities to ensure that you are aware of all applicable deadlines.
