Finally Some Good News! Tax Day is moved to July 15, 2020
March 20, 2020
Federal filing deadlines have been extended to July 15, 2020.
Federal payment deadlines are extended for individual and corporate taxpayers to July 15, 2020:
- For individual returns, up to $1,000,000 of 2019 tax due.
- For C corporations, up to $10,000,000 of 2019 tax due.
- Penalties and interest will begin to accrue as of July 16, 2020 on unpaid 2019 tax due.
- Individual returns include returns for self-employed individuals and all entities other than C corps, including trusts and estates.
Please note, this only applies to Federal income tax and tax on self-employment income otherwise due on April 15, 2020.