Tax Return Payment Delay until July 15; Returns Still Due April 15
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See this item https://lnkd.in/eVrwGg8 from the myStockOptions.com newsletter that covers what IRS plans to do with some useful links. The Treasury Secretary announced a delay in the usual federal tax-return payment deadline of April 15 for 90 days, to July 15 for taxes due up to $1 million without penalties or interest. As of March 17, the tax-return filing deadline is still April 15, as some reports on this imply the filing date has been moved forward.
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IRS guidance and uncertainty on deferral of tax return payment date explained in my newest blog on Forbes site at https://lnkd.in/e-bkVHA
This is latest news: "We are moving Tax Day from April 15 to July 15," Secretary Steven Mnuchin tweeted today. "All taxpayers and businesses will have this additional time to file and make payments without interest or penalties." See tweet at: https://lnkd.in/eDTB23w
This is topic I've been writing blogs and posts about as myStockOptions.com editor. See my posts earlier on this and the Tax Center on the site.