New Tax Deadline Is Official — July 15, 2020
Both the IRS and Treasury have announced that the deadline to file AND pay your individual federal income tax for the tax year of 2019 has been extended to July 15, 2020.
The deadline to file and pay your Ohio state income taxes remains at April 15, 2020 as of this writing (3/24/2020). Extensions are available for filing your taxes, but the payment is still due April 15, 2020 and penalties and interest will accrue if taxes are owed beyond this date.
If you cannot file your return by July 15, 2020, we can help you file an extension until October 15, 2020. The payment is still due by July 15, however.
If you are due a refund, we encourage you to file as soon as possible so you can get that cash influx as early as possible.
For a while last week, we relied on a tweet from Treasury to document this news. But news releases were posted over the weekend to both the IRS site: https://www.irs.gov/newsroom/tax-day-now-july-15-treasury-irs-extend-filing-deadline-and-federal-tax-payments-regardless-of-amount-owed and Treasury: https://home.treasury.gov/news/press-releases/sm953 documenting the changes in deadlines.
There’s a lot to worry about right now. If one of the things you’re worried about is your taxes, let us take that worry off your plate so you can focus on other things. We’re here for you when you’re ready.