|IRS Filing and Payment Deadline Extended to July 15, 2020
UPDATE: Right as we were about to send this resource update out, the IRS announced that the filing deadline was being moved from April 15, 2020 to July 15, 2020. There has been no official IRS announcement yet on their website, but it is being reported by the Bangor Daily News here.
“Income tax payment deadlines for individual returns, with a due date of April 15, 2020, are being automatically extended until July 15, 2020, for up to $1 million of their 2019 tax due. This payment relief applies to all individual returns, including self-employed individuals, and all entities other than C-Corporations, such as trusts or estates. IRS will automatically provide this relief to taxpayers. Taxpayers do not need to file any additional forms or call the IRS to qualify for this relief.
For C Corporations, income tax payment deadlines are being automatically extended until July 15, 2020, for up to $10 million of their 2019 tax due.”