EPISODE · Jun 27, 2020 · 11 MIN
IRS: July 15 tax payment deadline approaching; plan on scheduling multiple payments now
from Tax & Current Accounting Topics
IRS: July 15 tax payment deadline approaching; plan on scheduling multiple payments now https://www.irs.gov/newsroom/irs-july... https://accountinginstruction.info WASHINGTON ― As the 2019 tax filing and payment deadline approaches, the IRS reminds taxpayers and businesses that 2019 income tax liabilities as well as postponed April 15 and June 15, 2020 estimated tax payments are due July 15, 2020. This postponement provided temporary tax relief in response to the COVID 19 pandemic. Taxpayers who owe a 2019 income tax liability, as well as estimated tax for 2020, must make two separate payments on or by July 15, 2020: One for their 2019 income tax liability and one for their 2020 estimated tax payments. The two estimated tax payments can be combined into a single payment.
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IRS: July 15 tax payment deadline approaching; plan on scheduling multiple payments now
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