Changes to tax filing
The tax filing due date has been extended to July 15, 2020. Tax returns and any income taxes owed will not be due until July 15. This change is for both individuals and businesses.
Employers can also defer paying the employer portion of certain payroll taxes through the end of 2020, with all 2020 deferred amounts due in two equal installments, one at the end of 2021 and the other at the end of 2022. Deferral is not provided to employers that avail themselves of SBA 7(a) loans designated for payroll.
Last Updated: March 29, 2020