9/15 filing deadline nears for Partnership and Trust Tax Returns

The IRS recently moved up the deadline for filing partnership and trust returns, typically known as “pass-through” returns.  Those returns used to be due by October 15th, however the deadline was moved earlier to give partners and beneficiaries more time to get their extended tax returns done after receiving their K-1 schedules from the pass-through entities.  So if you are planning to finalize Form 1065 or 1041, it’s best to get started now.  2010 Individual returns on extension still have until October 15, 2011 to file.