Following the recent federal extension for tax filings, Massachusetts has announced that it will extend the filing and payment deadline for individual income tax returns until May 17, 2021, due to the COVID-19 pandemic. It is unclear presently whether the Massachusetts extension will also apply to other types of tax returns due on April 15, […]
Read More… from Extension of 2020 Massachusetts Tax Return Filing and Payment
The Internal Revenue Service announced yesterday that the federal income tax filing and payment deadline for individuals will be extended until May 17, 2021. This extension is similar to the 2020 filing postponement, which was declared due to the COVID-19 pandemic. The May 17 extension applies to individual taxpayers, including individuals who pay self-employment tax. The […]
Read More… from Extension of 2020 Federal Tax Return Filing and Payment
The Treasury Department recently announced that certain taxpayers will have an extra three months to pay income taxes that would otherwise be due on April 15, 2020, for the tax year 2019. This extension of time to pay is solely for federal income tax payments (including self-employment taxes), and first quarter 2020 estimated income tax payments, […]