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IRS Tax Changes in Response to Coronavirus (COVID-19)

Posted by John Inhulsen | Mar 17, 2020 | 0 Comments

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The U.S. government has announced it will extend the individual and business April 15, 2020 tax-payment deadline by an additional 90 days.  As of now, filers must still abide by the April 15, 2020 deadline, but will not be required to pay during the 90 day extension, interest and penalty free.  

According to Treasury Secretary Steven Mnuchin the delay is available to people who owe $1 million or less and corporations that owe $10 million or less.

About Inhulsen Law

Inhulsen Law is a boutique law firm focused on Michigan businesses, owners, and their related issues.  Intentionally small, we work in partnership with our clients to promote their success by providing practical and cost-effective services.  To learn more, visit our website, follow us on Twitter, like us on Facebook, or connect on LinkedIn.

About the Author

John Inhulsen

John Inhulsen specializes in providing strategic legal counsel on business and litigation matters, and is consistently recognized by Super Lawyers and Best Lawyers in America for his work.

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