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Welcome to the Capstone CPA Group blog—your go-to resource for expert insights and practical tips on accounting, tax planning, and business growth. Whether you’re a small business owner, entrepreneur, or skilled trades professional, our articles are here to simplify complex topics and help you make informed decisions. Stay informed, stay empowered!

If you have a partnership tax return (also called a 1065 return) your partnership return tax is due today March 15th for a calendar year business. If you don’t know whether you are a calendar year business or not, then you are a calendar year filer, as non-calendar year filers are very rare. Partnership returns are due for any partnership that had income of any amount in an annual period, or if you filed a partnership in a prior period, and you did not file a final return in a prior period.
The days are getting longer and the feeling of winter is reluctantly melting into that feeling of spring. It must be time to file your partnership return! If you have a partnership return (also called a 1065 return) your partnership return tax deadline is March 15th for a calendar year business. If you don’t know whether you are a calendar year business or not, then you are a calendar year filer, as non-calendar year filers are very rare.
Is it just me, or does the shortest month of the year, always feel like the longest? Maybe it is the shorter days or the bitter cold, or some combination, but I really notice a huge difference when I get to flip the calendar to March! As you probably already know a partnership return, also called a 1065 return is due on or before March 15th for the prior year return (assuming calendar year). But, did you know you can file an automatic 6-month partnership return extension using form 7004?