The Internal Revenue Service (IRS) reminded small business owners of the imminent tax filing extension deadline. If you’re among the millions who requested an extension to file your 2022 tax return, you must submit your Form 1040 by Monday, Oct. 16, to avoid potential late filing penalties.
Additionally, if you’re a business operating in disaster-affected regions of California, select areas of Alabama, and Georgia, you also have until Oct. 16, 2023, to file various federal individual and business tax returns and make necessary tax payments.
