COVID-19

Individuals get coronavirus (COVID-19) tax and other relief

COVID-19, Federal Income Tax, Tax Deadlines, Tax Refund, US Department of Health and ServicesHuman / Douglas Freeman

Taxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus (COVID-19) pandemic. The Treasury Department and IRS announced that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer making federal income tax payments, […]

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Coronavirus (COVID-19): Tax relief for small businesses

2019 Tax Return, COVID-19, Employees, Federal Income Tax, Internal Revenue Service (IRS), Small Business, Tax Deadlines, Tax Refund / Douglas Freeman

Businesses across the country are being affected by the coronavirus (COVID-19). Fortunately, Congress recently passed a law that provides at least some relief. In a separate development, the IRS has issued guidance allowing taxpayers to defer any amount of federal income tax payments due on April 15, 2020, until July 15, 2020, without penalties or

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