Filing required returns on time can help your LLC avoid fines and penalties. C corporations must file Form 1120, U.S. Corporation Income Tax Return annually.

Form 7004 extends the deadline for filing up to 6 months, giving businesses until September 15, 2023, to complete and file their returns without worrying about unwanted IRS penalties.

Specifically, there are a few filing deadlines in a week, most notable are the deadlines for Partnerships to file Form 1065 and for S-Corporations to file Form 1120-S.