Deadlines for Tax Filing
Individual Returns
Individuals that opted for an extension is October 17th, 2016
Corporations
September 15, 2016
Deadlines for Qualified Plans
Contributions:
1) SEP plans – by the filing of tax return or extension
2) 401(k) plans – within the calendar year
3) Defined Benefit and Profit Sharing plans – by the filing of tax return or extension
4) IRA’s – April 15th (no longer available for 2015 tax year)
Implementation:
1) SEP plans – by the filing of tax return or extension
2) 401(k) plans – with multiple employees – Oct 15
3) 401(k) plans – with a single employee – prior to year end
4) Defined Benefit and Profit Sharing plans – prior to year end