Deadline for S Corporations and Partnerships
- March 15, 2023
- 5:00 pm
- Ozfield Office
- (773) 536-9272
Form 1120S and Form 1065 Due Date
Form 1120S is used by S Corporations to report their income, deductions, gains, and losses to the IRS. As a flow-through entity, the information on the Form 1120S is passed on to the shareholders, who then report this information on their individual tax returns.
Form 1065, on the other hand, is used by partnerships to report their income, deductions, gains, and losses. It provides a summary of the partnership’s financial activity for the tax year and is used to calculate each partner’s share of income, deductions, and credits.
Filing these forms on time is crucial in avoiding potential penalties and interest charges from the IRS. That’s where we come in! As a CPA firm, we help our clients navigate the complex tax laws and ensure that their forms are filed accurately and on time.
Some of the services we offer our clients include:
- Reviewing financial records and documents to ensure accuracy and completeness
- Calculating and estimating any tax liability
- Preparing and filing Forms 1120S and 1065, along with any necessary supporting schedules
- Assisting with the timely payment of any taxes owed
By working with us, you can have peace of mind knowing that your tax returns are in good hands. Our expertise and attention to detail can help to ensure that you are compliant with all tax laws and avoid any potential penalties or interest charges.
Don’t wait until the last minute. Contact us today or Schedule a Consultation and ensure your tax returns are filed on time. We are your partners in navigating the complexities of tax season.
- 9:00 AM — 5:00 PMOzfield OfficeLast Day to File Form 1120S or an ExtensionIf a business fails to file these forms on time, they may be subject to penalties. The penalties for late filing can vary depending on the severity of the violation and the length of time the form was overdue. Please send us the info prior to the deadline.
Founder & President
Tax Department
- 9:00 AM — 5:00 PMOzfield OfficeLast Day to File form 1065 or an ExtensionIf a partnership fails to file these forms on time, they may be subject to penalties. The penalties for late filing can vary depending on the severity of the violation and the length of time the form was overdue. Please send us the info prior to the deadline.
- Founder & President
- Tax Department
Contact us at our office nearest to you or submit a business inquiry online.
Mr.Orkun and his team are very professional. I highly recommend this place for insurance and tax returns. Thank you for amazing service…
Orkun, and his firm are the best of the best! Excellent service, helpful, accommodating and fast turn around even during tax season. It’s very clear Orkun is great at his job and puts in the extra effort to make his clients happy. I highly recommend this firm to anyone who is looking for a reliable, friendly, and professional accounting service. Thank you, Orkun!!
Ozfield Insurance, Tax & Accounting provides very professional, knowledgeable, and prompt accounting solutions to their clients. Mr. Ozkaymak and his team provide accommodating solutions for a wide variety of tax services. Their expertise shines crystal clear within the minute you meet the team, and I highly recommend Ozfield Tax for all your accounting solutions.
I definitely recommend Orkun and his firm! I have been coming here to do my taxes for a few years and just recently started my own business and needed help starting an LLC. Orkun was very helpful, informative, and made the process very easy!
Just went to them today and there Customer service is awesome they also offered me Turkish tea which is great by the way. And their services are awesome. Gonna hire them to do my business taxes personal taxes my mama’s taxes my sister’s taxes my aunt’s Taxes my whole family’s taxes really great service.
We are working with Ozfield for Insurance and Accounting since 2005. They have a great service and really help full. Thank you…
We have plenty of cars insured with them for years and they do our taxes too. Never had a single issue. Excellent service.
Great place, nice and friendly people.