09/17/2026
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As an awarded business and tax strategist, I see a lot of taxpayers miss their SCorp responsibilities and changes to consider for the approaching tax filing season. I hope my 3 part post for SCorps help with that.
S-corp tax planning is not just about filing on time—it is about coordinating payroll, shareholder reporting, entity-level elections, and the owner’s individual return.
Part 1 Deadlines👇🏽
🚨 S-Corp owners: your 2026 tax checklist starts now—not in March 2027.
If your business is taxed as an S corporation, the entity usually does not pay federal income tax itself. But the filing, payroll, K-1, and shareholder-level planning deadlines are real—and missing them can be expensive.
Here are the key items every S-corp filer should have on their radar for the 2026 tax year:
📅 Key due dates for calendar-year S corps
• March 15, 2027: File Form 1120-S and provide Schedule K-1s to shareholders. Because March 15, 2027 is a Monday, the regular deadline applies.
• March 15, 2027: File Form 7004 if more time is needed. A timely Form 7004 generally provides an automatic six-month extension to file the S-corp return.
• September 15, 2027: Extended due date for Form 1120-S, if Form 7004 was filed on time.
• January 31, 2027: Generally the deadline to furnish W-2s to employees and file applicable payroll reporting. For owner-employees, this is a major compliance date.
• Quarterly payroll tax filings: Form 941 is generally due April 30, July 31, November 1, 2026, and February 1, 2027, subject to weekend/holiday rules.
For fiscal-year S corps, Form 1120-S and shareholder K-1s are generally due on the 15th day of the third month after the tax year ends.
Follow for Part 2 on Friday.
The pic of the giraffe I took is just to take the edge off as we talk taxes.😂
Coach Trudi B. Parson Awarded Business & Tax Strategist | 4x Business Person of the Year | 2x Business Rate’s Business Development Support Choice https://bit.ly/TBPbizcard Trudibparson.com