Second Quarter Estimated Tax Payments Now Due July 15th
Late last week the federal government extended the due date for the 2020 second quarter estimated tax payment from June 15 to July 15. This means that individual tax returns, as well as individual first quarter and second quarter estimated tax payments are now all due...
Economic Impact Checks for Non-Filers: How to Provide Your Current Information to the IRS
At Nichols & Company, we know many of you are assisting elderly parents or grandparents right now. In an effort to support you, we wanted to share that the IRS has launched a new tool to assist non-filers in registering their current information for their Economic...
Wondering If You Qualify For The Government’s Upcoming Economic Impact Payments?
To help ease the financial effects of the COVID-19 pandemic, the federal government is planning to send stimulus checks to all taxpayers in the coming weeks. For your planning purposes, we wanted to share with you their guidelines for determining eligibility. It is...
An Update of Recent Tax Changes Due to Coronavirus
2019 Personal tax returns do not need to be filed until 7/15/20. 2019 taxes due, as well as 1st quarter estimated tax payments, are not due until 7/15/20. NOTE: 2nd quarter estimated tax payments are still currently due on 6/15/20! 2019 IRA & HSA payments can be...