#TaxDay is now set for July 15: Treasury and #IRS are extending both the filing deadline AND federal tax payments, regardless of amount owed, without penalties and interest.
All taxpayers — individuals, corporations, other non-corporate filers and those who pay self-employment tax — can also defer income tax payments. Taxpayers do not need to file any forms or call to qualify for this relief.
Click to see the Press Release; Comunicado de prensa en español
Small and midsize employers can claim two new refundable payroll tax credits to reimburse them, dollar-for-dollar, for the cost of providing employee leave related to the COVID-19 outbreak.
Businesses with less than 500 employees can get funds to provide employees with paid leave, either for the employee’s own health needs or to care for family members. To take immediate advantage of new paid leave credits, businesses can retain and access funds that they would otherwise pay to #the IRS in payroll taxes. Learn more about this and other #IRS info related to COVID-19 outbreak at: www.irs.gov/coronavirus