At the direction of President Donald Trump, Treasury Secretary Steven Mnuchin announced today that the U.S. will extend the national income tax filing deadline until July 15, 2020.
This will extend individual and business income tax returns due April 15, 2020 to July 15, 2020. The 90 day extension will give taxpayers the additional time needed to file returns and make payments without interest or penalties. The extension was announced in response to the financial fallout from the coronavirus pandemic.
Mnuchin urges taxpayers who might receive refunds this year to file NOW to get their money.
We at Pearce, Bevill, Leesburg, Moore P.C. encourage our clients to do the same. We are continuing to process returns during these challenging times.
We strongly recommend the use of our online resources such as our File Transfer Portal (for exchanging files securely) or the My1040Data portal (for sending us your tax documents). Login links for both are found at https://www.pearcebevill.com/login.. If you do not currently have a username and password for either of these sites, contact your accountant and they will get a login sent to you. See your tax organizer for further details on these options.
Please don’t hesitate to reach out to your accountant with any questions.
Your friends at Pearce, Bevill, Leesburg, Moore, P.C.