by Franskoviak Tax Solutions | Mar 26, 2020 | Coronavirus, COVID19, Franskoviak News, Government, Important Tax Dates, IRS Tax Collection, IRS Tax Deadlines, Tax Deadlines
Now that the tax payment and filing date has been officially extended to July 15th in response to the COVID-19 emergency, you may have questions. Below are some answers to frequently asked questions. Q1. Who is eligible for relief? Any person with a federal...
by Franskoviak Tax Solutions | Mar 21, 2020 | Coronavirus, COVID19, current events, Franskoviak News, Government, Important Tax Dates, IRS, IRS Tax Deadlines, Small Business, Tax Deadlines
Trump Moves Tax Day to July 15 Because of Coronavirus Earlier today Treasury Secretary Steven Mnuchin tweeted Friday that President Trump has directed him to move Tax Day to July 15, giving taxpayers more time to file their taxes in the midst of the coronavirus...
by Franskoviak Tax Solutions | Mar 19, 2020 | Coronavirus, COVID19, Franskoviak News
Dear Valued Clients and Friends, At Franskoviak Tax Solutions the well-being our clients and employees is our top priority. What we are currently experiencing today is not something I ever would have thought could happen. I have confidence we will...
by Franskoviak Tax Solutions | Mar 19, 2020 | Coronavirus, COVID19, current events, Franskoviak News, Important Tax Dates, Information, IRS Tax Deadlines, Small Business, Tax Deadlines, tax filing, Tax Season
In a press briefing Tuesday morning, US Treasury Secretary Steven Mnuchin said that individual taxpayers who owe up to a million dollars in federal taxes to IRS can defer paying until July 15, while corporations can defer up to $10 million. “All you have to do is file...