IRS Postpones filing and tax payment deadline

IRS Postpones filing and tax payment deadline

The IRS has made an announcement to not only delay tax owed to the IRS, but has now extended the filing deadline to 7/15. It is important to note that not all states have approved such deadlines.

If you are receiving or expecting to receive a refund, most people are still being issued their refunds within 21 days.

For those who have already e-Filed their 2019 tax return, with a balance due scheduled to be withdrawn from their bank account on 4/15/20, taxpayers are advised if they wish to cancel e-file payment currently due by calling the US Treasury Financial Agent at 1-888-353-4537.
Then go to irs.gov/directpay and reschedule a payment for 07/15/2020.
Again, note this is for IRS only – NYS has not announced any payment deferral.

It is also important to note that the IRS has posted on their website that they have temporarily closed all Taxpayer Assistance Centers and discontinued face-to-face service throughout the country until further notice.

To read further details, click here: Tax Day now July 15

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