On March 18th, 2020 it was announced that the IRS would extend the due date of federal tax payments from April 15th to July 15th because of the growing Coronavirus crisis. This extension applies to individual taxpayers owing up to $1 million and corporations owing up to $10 million. The Treasury Department and IRS made this joint decision while also releasing a website to continue COVID-19 updates for taxpayers: IRS.gov/coronavirus.
Need help filing your taxes? Contact our office at 816-524-4949 or visit our website at hoorfarlaw.com to set up a time to speak with an attorney.