IRS reminder: File and pay 2019 business taxes by July 15; 2020 estimated tax also due episode artwork

EPISODE · Jul 15, 2020 · 6 MIN

IRS reminder: File and pay 2019 business taxes by July 15; 2020 estimated tax also due

from Tax & Current Accounting Topics

IRS reminder: File and pay 2019 business taxes by July 15; 2020 estimated tax also due  https://www.irs.gov/newsroom/irs-remi... https://accountinginstruction.info WASHINGTON — The Internal Revenue Service today reminded business taxpayers that their 2019 tax returns and tax payments, as well as their first two 2020 estimated tax payments, are due on Wednesday, July 15.  The July 15 due date generally applies to any tax return or tax payment deadline that was postponed due to COVID-19. In April, the IRS said that this postponement applied to all taxpayers that had a filing or payment deadline falling on or after April 1, 2020, and before July 15, 2020. No late-filing penalty, late-payment penalty or interest will be due for payments prior to July 15.  Corporations, trusts and estates, as well as individuals and other non-corporate tax filers qualify for the extra time. A complete list of qualifying filing and payment deadlines are available at IRS.gov/coronavirus.

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IRS reminder: File and pay 2019 business taxes by July 15; 2020 estimated tax also due

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