Extended Tax Returns, Deadline Fast Approaching

New for certain 2008 tax returns: the IRS reduced the automatic 6-month extension to only 5 months for partnerships, limited liability companies (taxed as partnerships), and trusts. The extended due date is September 15, 2009, which is the same as for corporations which previously where the only entities with a due date one-month earlier than for individual tax returns. Individuals still have a 6-month extension, meaning that the extended due date is October 15, 2009.