Using its authority under the recent national emergency declaration, the Internal Revenue Service (IRS) is “automatically” postponing the April 15 Federal income tax return and Federal income tax payment deadline (including payments of tax on self-employment income) for 90 days, without any interest, penalties, and additions to tax for failure-to-file, on behalf of all “Affected Taxpayers.” This means you’ll have until July 15 to submit both your tax return and tax payment, no matter how much you owe the IRS.
Topics: IRS
Written by People Lease
People Lease has helped free countless business owners and managers from the never-ending back office fire fighting associated with employee administration. By obtaining payroll preparation, tax filing, workers’ comp, health insurance and retirement plan administration from People Lease, businesses can begin reallocating valuable time and manpower, while more effectively managing cash flow and improving employees’ job satisfaction.
