Archive for March 2020
Update Tax Filing Date: IRS Extends Deadline to July 15th
As a follow-up to our previous post, the IRS income tax filing and the deadline for making payments has been extended to July 15th. Taxpayers can delay paying their income taxes on as much as $1 million in taxes owed for up to 90 days. Corporations that owe up to $10 million will also be…
Read MoreIRS Extends Tax Payments Deadline – What This Means for You
As everyone is aware, COVID-19 is impacting businesses around the globe. This week, US Treasury Secretary Steven Mnuchin announced that taxpayers can delay paying their income taxes on as much as $1 million in taxes owed for up to 90 days. Corporations that owe up to $10 million will also be able to delay their…
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