The IRS issued Notice 2020-23 late yesterday that has extended more tax deadlines to cover individuals, estates, corporations and others.  This extension includes a variety of tax form filings and payment obligations that are due between April 1, 2020 and July 15, 2020, including estimated tax payments due June 15 and the deadline to claim refunds from 2016.   The notice also suspends associated interest, additions to tax, and penalties for late filing or late payment until July 15, 2020.

This relief is automatic.  Taxpayers do not have to call the IRS or file any extension forms, or send letters or other documents to receive this relief.

For background and more tax deadlines visit IRS.gov.

https://www.irs.gov/newsroom/irs-extends-more-tax-deadlines-to-cover-individuals-trusts-estates-corporations-and-others

For more information and guidance regarding tax preparation and new tax deadlines, contact our professionals.

Grossman St. Amour CPAs PLLC virtual doors are open and we are preparing tax returns as usual and continuing to work with our clients regarding audit, accounting, and tax matters.  As a certified public accounting firm located in central New York, Grossman St. Amour CPAs is focused on the quality service standards that are highly regarded in the accounting profession.   Grossman St. Amour CPAs provides businesses and individuals with accounting, audit, taxation, business planning and valuation, financial planning, investment consulting, and fraud examination and deterrence services.  For more information about how Grossman St. Amour CPAs PLLC can be of service to you, contact our professionals.

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