A few days ago, the IRS moved the federal tax filing day for 2020 from April 15 to May 17.
What it means to you:
•32 extra days to file without penalties and interest
•But estimated tax payments are still due on April 15 – you need to pay them
•Date for filing an extension remains October 15 – but the extension is for filing only, taxes due must be paid by May 17
Of course, if you expect a refund, file early so you get your refund as soon as possible.
And, don’t forget about the tax credit for those of you that did not receive the first or second stimulus checks.
After last year, we all can use a break and the government is giving us one.
We at Personal Affairs Management Group specialize in helping all aspects of the day-to-day of busy professionals, families, and seniors. We have a team devised to tackle and manage concerns that many may have. If you have questions or need information about you or your loved one’s life management issues, please reach out to us. We are here to make your life simple, secure, and stress-free. Call us at 305-646-1833 or email at Corrine@theseniorsanswer.com.
