Today Secretary Mnuchin announced via twitter that IRS will be moving the April 15th filing date to July 15th due to the Covid-19 virus Notice 2020-18 (Read here n-20-18)

At @realDonaldTrump’s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties.

— Steven Mnuchin (@stevenmnuchin1) March 20, 2020

On March 18th IRS had extended the date to July 15th to pay taxes that were due on April 15th (IRS Update). But today March 20th they announced the due date has been moved to July 15th also.

Now, how does this affect you and me?

We are going to continue to work on all taxes that we currently have in our office.

If you have not brought your documents in yet please try to get them to us as soon as possible.

While the deadline to file might have changed we want to try to get your tax returns worked up to find out if you will owe or have refunds. Because if refunds are coming back we want to get those to you as soon as possible. If you will owe this will give you time to plan for any balance due.  If you will owe and you don’t think that you will be able to pay  by July 15th we will still need to file for an extension to be on the safe side.

Please call us 541-738-4313 or email kelly@nwtaxaccountingllc.com if you have any questions or concerns.

Thank you in advance

Please stay home, be healthy, wash your hands and practice good social distancing.

Kelly & Nancy