Tax Filing Deadline Pushed Back Due to COVID-19
March 20, 2020 – The United States Department of Treasury (U.S. Treasury) Secretary, Steven Mnuchin, announced today that the Internal Revenue Service(IRS) filing deadline will be pushed back until July 15 as part of the government’s response to the COVID-19 response.
Earlier this week, the IRS officially deferred payment for individual taxpayers paying up to $1 million of federal income and self-employment tax and for corporations paying up to $10 million of federal income tax. Today’s announcement expands their earlier message by also pushing back the requirement to file returns for 90 days.
McConnell & Jones understands that the situation is changing rapidly and is monitoring information from the IRS and U.S. Treasury as it becomes available.
Should you have any questions or need advice, contact our tax professionals or email the team at IRShelp@mjlm.com. We also have compiled the latest updates and resources to our website, mcconnelljones.com.