IRS extends more tax deadlines

IRS extends more tax deadlines
The additional postponements cover trusts, estates and corporations, as well as individuals
APR 10, 2020
The Internal Revenue Service, which in March gave taxpayers until July 15 to file and pay their federal income taxes for 2019, announced Thursday that it was extending additional tax deadlines. Any taxpayers facing a deadline for filing or paying taxes that occurs on or after April 1 and before July 15 now have until July 15 to file or pay, the agency said in a notice. “Individuals, trusts, estates, corporations and other noncorporate tax filers qualify for the extra time,” according to the notice. The IRS had already said that taxpayers due to make estimated tax payments by April 15 had until July 15 to make those payments. Thursday it said that the June 15 deadline for estimated tax payments was also extended to July 15. [More: Wealthy win, low-wage earners lose in tax filing extension] 

Latest News

Financial advisors often see clients seeking to retire early; Here's what they tell them
Financial advisors often see clients seeking to retire early; Here's what they tell them

Wealth managers highlight strategies for clients trying to retire before 65 without running out of money.

Robinhood beats Q2 profit estimates as its business goes beyond YOLO trading
Robinhood beats Q2 profit estimates as its business goes beyond YOLO trading

Shares of the online brokerage jumped as it reported a surge in trading, counting crypto transactions, though analysts remained largely unmoved.

Dimon and Trump talk economy and Fed rates as meetings resume
Dimon and Trump talk economy and Fed rates as meetings resume

President meets with ‘highly overrated globalist’ at the White House.

NASAA moves to let state RIAs use client testimonials, aligning with SEC rule
NASAA moves to let state RIAs use client testimonials, aligning with SEC rule

A new proposal could end the ban on promoting client reviews in states like California and Connecticut, giving state-registered advisors a level playing field with their SEC-registered peers.

Could 401(k) plan participants gain from guided personalization?
Could 401(k) plan participants gain from guided personalization?

Morningstar research data show improved retirement trajectories for self-directors and allocators placed in managed accounts.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.