Tax Day Extended Due to COVID-19

Posted on | by Steve M. Windham, LLM, MBA, EA

The Internal Revenue Service has announced that, as of March 21, 2020, the following tax deadlines have been extended:

  1. The Federal income tax filing due date has been automatically extended to July 15, 2020.
  2. The Federal income tax payment due date has also been deferred to July 15, 2020, without penalties and interest, regardless of the amount owed by the taxpayer. This deferment applies to all taxpayers, including individuals, trusts and estates, corporations and other non-corporate tax filers, as well as those who pay self-employment tax.

For more information, please visit the IRS at:

https://www.irs.gov/newsroom/tax-day-now-july-15-treasury-irs-extend-filing-deadline-and-federal-tax-payments-regardless-of-amount-owed

 

The California Franchise Tax Board has announced that, due to the COVID-19 Crisis, tax deadlines have also been extended.  These extended due dates are similar to the Federal extended due dates.  Please review the following pages for more information:

https://www.ftb.ca.gov/about-ftb/newsroom/covid-19/index.html?WT.ac=COVID-19

https://www.ftb.ca.gov/about-ftb/newsroom/covid-19/extensions-to-file-pay.html