Posted by Fred Steiner on Thursday, March 19, 2020
Treasury Secretary Steven Mnuchin announced that the Treasury Department has pushed back the April 15, 2020, tax payment deadline by 90 days.
This will give businesses and individuals additional time, potentially lessening cash-flow issues that many are facing. However, there is no extension of the April 15 filing deadline.
The filing due date for 2019 individual and corporate income tax returns remains unchanged. Traditional extensions are still available for those needing more time to file a return.
Ohio Chamber recommends taxpayers should consult their accountants or tax preparers if they have any questions concerning this announcement.
Full tax payment relief details can be found on the IRS info page.
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