Which of the Following Statements About Federal Tax Return Filing

question 31

Multiple Choice

Which of the following statements about federal tax return filing dates is false?

• A) A corporation with a fiscal tax year ending on September 30 must file its unextended Form 1120 by December 15 following the close of the tax year.
• B) A corporation may request an automatic extension of time to file Form 1120.
• C) A corporation may request an extension of time to pay any balance due of its annual income tax if it has reasonable cause for the delay.
• D) None of the above is false.

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Definitions:

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The process of defining an organization's strategy or direction and making decisions on allocating its resources to pursue this strategy.

Organization's Success

The achievement of the specific goals and objectives set by an organization, measured by various indicators such as profitability, market share, or social impact.

Chief Executive Officer

The Chief Executive Officer (CEO) is the highest-ranking executive in a company or organization, responsible for making major corporate decisions, managing the overall operations, and acting as the main point of communication between the board of directors and the corporate operations.

Herman And Heimovics

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