In regards to the taxation of corporations, which of the following statements about federal tax...
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Accounting
In regards to the taxation of corporations, which of the following statements about federal tax return filing dates is false?
| A corporation with a fiscal tax year ending on April 30 must file its unextended Form 1120 by August 15 following the close of the tax year. | ||
| In regards to filing annual income tax returns, corporations, like individuals, must file by the 15th day of the fourth month following the close of the tax year. | ||
| A corporation may request an extension of time to pay any balance due of its annual income tax (and avoid interest charges) if it has reasonable cause for the delay. | ||
| All of the above are false. |
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