October 2020 Important Tax Deadlines | FINAL Dates to File Extended Personal & Corporate Tax Returns

Important tax deadlines that are coming up in October 2020.

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DISCLAIMER

This video is intended for education purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Freedomtax Accounting and Multiservices Inc. is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience. Freedomtax Accounting and Multiservices Inc. or its members cannot be held liable for any use or misuse of this content.

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Upcoming Important Deadlines:

October 15, 2020 - Individual 1040 Tax Returns due if Extended...This is the FINAL deadline for filing 2019 personal tax returns. Make sure to file, even if you can't pay the bill.

October 15, 2020 - C-Corp Tax Returns Due if Extended...For those that extended their C-Corp, it's the FINAL deadline for filing the 2019 1120 Tax Returns.

October 15, 2020 - Deadline to Fund 2019 SEP IRA or Solo 401k...For those individuals that extended their personal tax returns and own a small business, this is the deadline for funding these special retirement accounts.

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