Congress has issued a new law changing the due dates of many returns.  Individual income tax returns remain due on April 15 and S-Corp returns remain due on March 15. 

However, if you file a partnership or C-corporate return, these due dates have changed.  Partnership returns will now be due on March 15, a month earlier than before, and C-corporate returns will now be due on April 15, a month later than before. 

Congress hopes that the earlier due date for partnerships will prevent many taxpayers from having to file for extensions while waiting on K-1s. 

Also, the June 30 deadline for filing a FBAR (declaring foreign bank accounts) will be moved up to April 15 to coincide with the individual’s income tax return.

These changes are effective for returns pertaining to the 2016 tax year, meaning that they are effective for returns filed in March/April 2017.