Assuming Extensions Are Not Filed,tax Returns for Calendar-Year S Corporations

question 66

True/False

Assuming extensions are not filed,tax returns for calendar-year S corporations and partnerships are both due on April 15.

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Definitions:

Unilateral Mistake

A misconception or error made by one party in a contract that does not affect the contract's overall validity unless the other party was aware of the mistake and took advantage of it.

Georgia Law

The body of statutory and common law originating from the state of Georgia, governing legal issues within its jurisdiction.

Rescind A Contract

The legal act of revoking, canceling, or annulling a contract, returning the parties to their positions prior to the agreement.

Negligent Acts

Actions or failures to act leading to someone's harm or damage, which occur due to carelessness rather than intentional harm.