Landmark Tax Group

Business Tax Filers Can File January 13th, 2014

The IRS will begin accepting 2013 business tax returns on Monday, January 13, 2014. This start date applies to both electronically-filed and paper-filed returns.

Business returns include any return that posts on the IRS Business Master File (BMF). BMF returns include a variety of income tax and information returns such as:

Form 1120 filed by corporations
Form 1120-S filed by S corporations
Form 1065 filed by partnerships
Form 1041, the return filed by estates and trusts

It also includes various excise and payroll tax returns, such as:

Form 720
Form 940
Form 941
Form 2290

The IRS expects to be able to begin processing any of these business returns on January 13th.

The January 13th start date does not apply to unincorporated small businesses that report their income on Form 1040 – this includes sole proprietors who file a Schedule C, landlords who file a Schedule E and farmers who file a Schedule F. The start date for all individual 1040 filers is January 31, 2014.

Although the IRS encourages these small businesses to begin preparing their returns now, it will not be able to accept these or any other individual returns or begin processing them until Jan. 31.

See: Deductible vs. Non-Deductible – A Simple Guide

See: 6 Ways to Reduce Your Chance of an IRS Audit

Have a question about filing your 2013 tax return, or another tax matter? Contact us today at 1-714-382-6780 for a FREE and CONFIDENTIAL consultation with our CPAs and former IRS Agents. 

We look forward to serving you.

More IRS News and Information