Taxpayers need to file by July 15th or file an automatic extension See Link for more information: https://www.cnbc.com/2020/05/29/house-bill-eases-rules-around-how-small-businesses-can-use-ppp-funding.html
White House looks at pushing back tax return deadline again. Take a look at the following article from CNBC. Click here for more information:
Here’s a great article about why you should hire a professional to do your taxes: https://www.nytimes.com/2020/03/05/business/tax-accountant.html
The tax-filing deadline is still April 15, but the IRS will waive penalties and interest on tax payments for 90 days. See the articles here: https://www.investors.com/etfs-and-funds/personal-finance/coronavirus-tax-deadline-payments-now-due-july-15/ https://www.businessinsider.com/personal-finance/irs-to-extend-tax-filing-deadline-why-file-taxes-now-2020-3
Millions of households that hustled to get their tax returns to the IRS early could be waiting until sometime in March for their refunds. If you’re claiming the additional child tax credit or the earned income tax credit, the IRS cannot issue your refund before mid-February. An anti-fraud law requires the agency to use that[…..]