Taxpayer asks: Any idea whether the filing extension applies to gift tax returns? Taxgirl says: AUTHOR’S NOTE: There is (finally) official word from the Internal
Read MoreYear: 2020
How To Help During The COVID-19 Pandemic: Where, What & How To Donate
(Note: Updated March 24, 2020) If you’re like me, you’re self-quarantining – perhaps with your family – in your home in response to COVID-19. It’s
Read More
IRS Issues Guidance On New Tax Filing And Payment Deadlines
As the numbers of confirmed cases of COVID-19 continue to increase in the United States, the federal government is taking action to reduce the impact
Read More
Treasury Officially Extends Tax Filing & Payment Deadlines To July 15, 2020
Treasury Secretary Steve Mnuchin announced this morning, via Twitter, that the tax filing deadline has been extended to July 15, 2020: Earlier this week, the Treasury
Read More
Senate Bill Includes Tax Relief & Help For Small Businesses In Response To COVID-19
The Senate has introduced a massive bill intended to provide direct economic relief in response to the COVID-19 pandemic. COVID-19 is the official name for
Read More
Ask The Taxgirl: Canceling Automatic/EFTPS Payments Because Of The New Tax Deadline
Taxpayer asks: What if I already filed my 1040 and scheduled an EFTPS automatic payment on April 15? Is there a way to cancel that
Read More
Ask The Taxgirl: Estimated Payments During Coronavirus
Taxpayer asks: Is the 1st 2020 quarterly still due on April 15? This means selling securities in a down market to cover that. What’s official? What’s
Read More
What You Need To Know About IRS Filing & Tax Payment Extensions
(Updated March 27, 2020) As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. Most
Read MoreSenate COVID-19 Relief Bill Will Provide For Testing, Benefits & Paid Leave
(Author’s Note: Updated to reflect that the President signed the bill into law.) The Senate has passed the House’s bill intended to provide economic relief
Read More
IRS Issues Official Guidance On Tax Payment Deferrals
(Author’s Note: After this article was published, on March 20, 2020, Treasury Secretary Mnuchin announced that the tax filing deadline has been extended to July 15, 2020.
Read More