Tax Blog and News

Beware the Ides of July 2020

On July 15, 2020, taxpayers will be faced with the trifecta of the due dates for their federal tax reporting and payment obligations for 2019 and the first and second quarters of 2020. In response to the COVID-19 crisis, the IRS provided tax relief in the form of an extension of federal tax filing and payment obligations.

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Skipping FTB Installment Payments

In response to the COVID-19 crisis, the California Franchise Tax Board (“FTB”) has followed the IRS’ lead and given taxpayers penalty-free extensions to July 15, 2020 to file and pay their California tax obligations for 2019 and for the first two quarters of 2020.

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Former IRS Tax Attorneys
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