The IRS hasn’t yet extended the deadline to file your taxes, but you do have a lot more time to pay them. Treasury Secretary Steven Mnuchin, speaking at a coronavirus news conference Tuesday, said the government is deferring $300 billion in IRS payments by 90 days, penalty-free. “If you owe a payment to the IRS, you can defer up to $1 million as an individual,” Mnuchin said. Businesses can defer up to $10 million in payments. Exemplar Accounting and Tax Advisors is committed to serving our clients during these ever changing times.
With our thoughts towards your convenience and safety we are accepting tax documents three ways:
If you have any questions or concerns regarding your tax documents, please do not hesitate to contact us J W Enterprises, LLC