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IRS Extends Payment and Filing Deadline

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The Internal Revenue Service announced Wednesday that the income tax filing and payment due date for individuals has been automatically extended from April 15th to May 17th.

We expect additional guidance from the IRS over the next several days. While the payment date has changed regarding 2020 taxes for individuals, first quarter estimated tax payments for the 2021 tax year are still due on April 15th. The tax return due date for trust tax returns and C Corporation tax returns also remains on April 15th. Several states have extended the deadline accordingly and we expect many more states to follow suit in the upcoming days.

For more information or assistance, please contact your Berntson Porter representative at 425-454-7990. We are here to help!

Berntson Porter is here to help businesses navigate these challenging times. Visit our Resource Center for up-to-date information about COVID-19 legislation that impacts you and your business.