Yes, if you do not file you business tax return until 3/24/20 you will incur a penalty for filing late unless you file an extension for your business return by March 16, 2020.
The form you need to file an extension is form 7004 which can be filed electronically.
If you need to fill out form 8822-B you can fill it out here.
You will need to mail your business return in since the name and address will not match the previously filed return.
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