National Tax and Financial Services - Jupiter, FL

04/26/2021

https://www.accountingtoday.com/news/irs-sees-delays-in-tax-refunds-and-quarterly-payments?position=editorial_1&campaignname=ACT_Daily_Daily-04262021&utm_source=newsletter&utm_medium=email&utm_campaign=ACT_Daily_Daily%2B%27-%27%2B04262021&bt_ee=qbRRRMnvJV2CzpvUhBPp1ddHV4V5dj%2F0nTYyv73kcQ9LWJSpEzdizMoypTN6MRbC&bt_ts=1619431261998

The Internal Revenue Service is holding up millions of tax refunds for manual processing and its systems were unable to process many of the quarterly payments that needed to be sent by April 15.

03/18/2021

Good news folks! The IRS has extended the 2020 filing and payment date to May 17th. Please note, first quarter estimated payments are still due on April 15th.

WASHINGTON — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming days.

02/04/2021

COVID Tax Tip 2021-13, February 4, 2021

01/27/2021

11/03/2020

The IRS is making some changes in its collection program to lessen the burden on taxpayers with outstanding tax debts who are trying to cope with the economic fallout of the COVID-19 pandemic.