Thursday, March 26th, 2020
In response to COVID 19, Federal tax forms and payments won't be due to the Internal Revenue Service until July 15 this year. Please note: this applies to Federal taxes only. You will need to check with your tax professional in regards to what your specific state requires.
According to Treasury Secretary Steven Mnuchin, "We are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties."
Answer this riddle: what’s the one thing that will eventually happen to everyone, but generally, no one wants to discuss? Death is a subject that immediately conjures up all sorts of emotions because, let’s be honest, the absence of being IS emotional. But, death is also cause for practicality. It’s a cause for stating clearly what to do about money and property so there is no dispute or cause for fights between family members claiming rightful ownership. (We’ve all seen movies and TV shows where that happens and it never ends well.)