State and Federal Tax filing deadlines extended to July 15th

State and Federal Tax filing deadlines extended to July 15th

Treasury Secretary announced today that the IRS’ tax filing deadline has been extended to July 15th.  This will be welcome news to not only taxpayers but the tax practitioners who were under the gun to get tax returns filed by April 15th in this tumultuous and uncertain environment resulting from the coronavirus outbreak.   With this new change, both the tax filing deadline and the tax payment deadline have been extended to July 15th.

Consistent with the announcement from the Internal Revenue Service this morning, New York State announced during Gov. Andrew Cuomo’s press conference that it too is extending the filing deadline from April 15, 2020 to July 15, 2020. As the New York State income tax filing and payment deadlines are set to follow the deadlines set by the IRS, New York State will follow the federal extension. With New York States acquiescence to the federal extension, taxpayers will have an additional 90 days for both federal and state income tax payments and filings that were otherwise due on April 15th.

Taxpayers anticipating a refund from the IRS or NYS are not obligated to wait until the extended July 15th deadline to file but may file their return as soon as it is ready for filing.

Andreozzi Bluestein LLP is committed to continuing to represent our client’s needs during this global pandemic.  If you or your client need assistance or have questions regarding your filing and payment obligations, please contact our office and we would be happy to discuss the issues with you.

 

Disclaimer

This communication is for general informational purposes only which may or may not reflect the most current developments. It is not intended to constitute legal advice or a recommended course of action in any given situation. This communication is not intended to be, and should not be, relied upon by the recipient in making decision of a legal nature with respect to the issues discussed herein. The recipient is encouraged to consult an independent licensed attorney before making any decision or taking any action concerning the matters in this communication. This communication does not create an attorney-client relationship between Andreozzi Bluestein LLP and the recipient.

Any links to other web sites are not intended to be referrals or endorsements of these sites. The links provided are maintained by the respective organizations, and they are solely responsible for the content of their own sites.

Attorney Advertising

Subscribe

Subscribe to the Tax Matters Blog.
First Name
Last Name
Industry
Email address
Secure and Spam free...

Subscribe

Subscribe to the Tax Matters Blog.
First Name
Last Name
Industry
Email address
Secure and Spam free...

Subscribe

Subscribe to the Tax Matters Blog.
Email address
First Name
Last Name
Industry