Tag Archives: 2020.Tax.Season

Individual Return Deadlines

UPDATE: Please see this post that has the final versions. We prepare tax returns for individuals throughout the United States, so we have to keep track of the deadlines–and that’s a task right now. So we created a spreadsheet with … Continue reading

Posted in IRS | Tagged | Comments Off on Individual Return Deadlines

Extensions, IRAs, HSAs, and 2016

Yesterday, the IRS released guidance on the July 15th due date. The IRS guidance confirmed my previous post that not all tax filings have been extended. Among the clarifications: Estate and Gift Tax returns (Form 706 and 709) were not … Continue reading

Posted in IRS | Tagged | Comments Off on Extensions, IRAs, HSAs, and 2016

Not All Tax Returns Have Been Extended

Friday night, the IRS made it official regarding income tax returns due on April 15th; they are now due on July 15th. However, not all returns have been extended. First, while I expect most states to conform to this deadline … Continue reading

Posted in IRS | Tagged | Comments Off on Not All Tax Returns Have Been Extended

Tax Day will be July 15th

Secretary of the Treasury Mnuchin tweeted this morning (literally two minutes after I finished the previous post): At @realDonaldTrump’s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time … Continue reading

Posted in IRS | Tagged | Comments Off on Tax Day will be July 15th

Secretary Mnuchin: It’s Time to Extend the Tax Filing Deadline to July 15th

UPDATE: Two minutes after I finish this post Secretary Mnuchin announced that the tax deadline has been extended until July 15th. I don’t want the deadline extended just to have it extended; however, it’s a necessity given what almost all … Continue reading

Posted in IRS | Tagged | Comments Off on Secretary Mnuchin: It’s Time to Extend the Tax Filing Deadline to July 15th

California Extends Filing and Payment Deadlines to July 15th

California’s Franchise Tax Board announced late Wednesday that they have extended both the filing and payment deadlines until July 15th. This is for all individuals and business entities, and includes 2019 tax return, 2019 tax return payments, 2020 1st and … Continue reading

Posted in California | Tagged | Comments Off on California Extends Filing and Payment Deadlines to July 15th

IRS Issues Official Guidance Extending Payments (but NOT Tax Filing Deadline) Until July 15th

The IRS issued Notice 2020-17 extending tax payments until July 15th for most individual and corporate taxpayers. The Department of the Treasury also issued a press release noting the deferment of payments. Again, the tax filing deadline has not been … Continue reading

Posted in IRS | Tagged | Comments Off on IRS Issues Official Guidance Extending Payments (but NOT Tax Filing Deadline) Until July 15th

Tax Deadline NOT Being Extended; Payment Deadline Extended for Most by 90 Days

Secretary of the Treasury Mnuchin appeared at a press conference with President Trump. They stated that there will be a massive stimulus package. Additionally, Secretary Mnuchin stated that the tax deadline would not be extended because much filing can be … Continue reading

Posted in IRS | Tagged | Comments Off on Tax Deadline NOT Being Extended; Payment Deadline Extended for Most by 90 Days

Today *Is* the Partnership and S-Corp Filing Deadline

During a news conference last week President Trump stated something to the effect that he was ordering Secretary of the Treasury Mnuchin to extend tax filing deadlines. That has not happened as of the moment I’m writing this. Today is … Continue reading

Posted in IRS, Tax Preparation | Tagged | Comments Off on Today *Is* the Partnership and S-Corp Filing Deadline

California’s Franchise Tax Board Extends Deadlines

Yesterday, California’s Franchise Tax Board, the state’s income tax agency, extended the deadlines for taxpayers to both file and pay 2019 California income taxes (and 2020 California estimated taxes) by 60 days. Here is the announcement in full: Sacramento — … Continue reading

Posted in California, Tax Preparation | Tagged | Comments Off on California’s Franchise Tax Board Extends Deadlines