2021 Individual Tax Filing Deadline
April 15
Tax News Flash
We Keep You Informed
Special Deadline for Federal Income Tax Return Filing & Payments
IRS Extends Filing & Payment Deadline. In response to the COVID-19 emergency, the IRS has extended the April 15, 2020, tax return filing and payment deadline to July 15, 2020. Eligibility to extend the filing date includes “…any type of taxpayer, such as an individual, a trust, an estate, a corporation, or any type of unincorporated business entity.” For more details on eligibility and answers to other questions, go to the IRS website Filing and Payment Deadlines Questions and Answers.
IRS News on Twitter
IRS on Twitter. See up-to-the-minute updates from the IRS here.
Partnerships & Corporations: 2019 Filing Deadlines
Partnership (1065) and S-Corporation (1120S) Income Tax Returns are due March 16, 2020. C corporation (1120) Income Tax Returns, for companies with a December 31 year-end, are due April 15, 2020, now extended to July 15, 2020.
Retirement Contributions
There is still time before filing your 2019 tax return to contribute to your IRA to take advantage of tax-deferred or tax-free growth. A 2019 contribution can be made anytime up to the 2019 tax filing deadline of April 15, 2020, now extended to July 15, 2020.
2020 Quarterly Estimated Tax Filing Deadlines
The 2020 estimated tax filing deadlines are:
- April 15 for Q1-2020, now extended to July 15
- June 15 for Q2-2020
- September 15 for Q3-2020
- January 15, 2021 for Q4-2020
Cybersecurity
At Scheidco, cybersecurity is a top priority in order to protect against data breaches and identity theft. To safeguard your information, our network and its software, as well as all stand-alone computers and applications, are protected. We also ensure that any email containing taxpayer data is encrypted and secure.
We encourage you to keep your computer secure, avoid phishing and the installation of malware on your computer, and protect your personal information. The IRS publication that shows how to resolve these issues is available on the IRS website by clicking here.
Identity Theft
Tax-related identify theft occurs when someone uses your stolen Social Security number to file a tax return claiming a fraudulent refund. While tax-related ID theft reported to the IRS fell by about 65% and the number of returns with confirmed instances of identity theft decreased by about 57%, it is still important to prevent becoming a victim of identity theft. Cybercriminals continue to steal the names, addresses, and Social Security numbers of millions of Americans. The IRS provides a Guide to Identity Theft to help you know the signs. If you believe that you are the victim of identity theft, contact our office or follow the Federal Trade Commission recommended steps by clicking here.
