Notice 2020-18: The Internal Revenue Services (IRS) has extended the tax filing and tax payment deadline for 2019 income taxes and first quarter 2020 tax estimates for individuals, trusts, estates, and corporations.
Eligible taxpayers can defer payment for up to 90 days without accruing interest or penalties from April 16, 2020 to July 15, 2020. (Underpayment penalties incurred prior to April 15, 2020 will still apply.) This puts the new tax filing and tax payment deadline at July 15, 2020.
Regardless of the change in deadline, our firm will continue to operate with the goal of completing tax filings as planned, however, we will continue to monitor the situation and this may result in a delay in completing your tax return.
State Tax Filings and Payment Deadlines
Many state tax filing and tax payment deadlines remain at April 15, 2020. We will keep you apprised of any new updates.
March 23, 2020