New 5 month K-1 extension

[JoshinNC]

Just covered (briefly) on Tax Talk. Now 1065's only get a 5 month extension for K-1's (and I would assume the rest of the return?).

http://www.accountingweb.com/cgi-bin/item.cgi?id=105476&d=883

[JON]

1041s

In addition to 1065s. Makes sense. Always wondered why K-1s not required done before 1040s.

[BHoffman]

I'm glad to see this happening. Last minute scurreying around is no fun.

[Jiggers]

March 15 due date

I'm glad to see this happening. Last minute scurreying around is no fun.

I would rather see a March 15 due date for 1065's and 1041's.