by Kelsey Barcomb | Mar 26, 2020
In a series of FAQs posted on its website, the Internal Revenue Service has now provided guidance on a number of additional issues related to the postponement of the federal income tax filing and payment deadline until July 15, 2020, as previously provided for by the...
by Kelsey Barcomb | Mar 24, 2020
Given the fast moving nature of the federal government’s responses to the Covid-19 pandemic, we already have one update to the Tax Filing and Payment Advisory we published on Friday. The Treasury Department has now removed the cap on the amount of tax payments...
by Kelsey Barcomb | Mar 24, 2020
The U.S. federal government issued a series of announcements this week extending the deadline until July 15, 2020 for individuals and businesses to file their federal income tax returns and pay their federal income taxes (up to $1 million in taxes owed for individuals...