Thursday, August 13, 2009

IRS: For Many Small Businesses, Fall Filing Deadline Looms for Special Refund Claims

Time is running out for many small businesses wishing to take advantage of the expanded business loss carryback option included in this year'S recovery law, the Internal Revenue Service said today. Eligible individuals have until Oct. 15 to choose this expanded carryback option. Eligible calendar-year corporations have until Sept. 15. For Many Small Businesses, Fall Filing Deadline Looms for Special Refund Claims