July 15th Tax Day Coming Up
June 23rd, 2020
All taxpayers and businesses automatically had additional time to file 2019 IRS and CA FTB filings and make payments without interest or penalties. Now, that deadline is quickly approaching.
- SBA Payment Protection Program (PPP) applications end 06/30/20.
- SBA Economic Injury Disaster Loan (EIDL) applications have reopened.
Individual Tax Returns Tax Filing Deadline is July 15th
Individual (1040) tax returns and payments are due July 15th. Please contact Roxana@taxplus.com to request an extension of time to file until October 15th. Remember it is an extension to file, not an extension to pay your taxes. If there is a balance due on the return, interest will be assessed in addition to the tax. We can help you determine an estimated tax payment to make with the extension in order to limit interest charges.
Note: 2020 1st and 2nd quarter estimated payments are due July 15th.
California Single Member LLCs Tax Filing Deadline is July 15th
Single Member LLCs (Form 568) not owned by a pass-through entity are due July 15th. Please contact Roxana@taxplus.com to request an extension of time to file until October 15th. The minimum franchise tax fee is now due July 15th.
Note: 2020 LLC fees are now due July 15th.
C Corporation Tax Filing Deadline is July 15th
C corporation (1120) tax returns are now due July 15th. Please contact Roxana@taxplus.com to request an extension of time to file until October 15th.
Note: 2020 Corporation and LLC (taxed as C-Corp.) fees are now due July 15th.
S Corporation and Partnership Tax Filing Deadline was March 15th
S corporation (Form 1120S) and partnership (Form 1065) tax returns for entities who use the calendar tax year were due March 15th. Your 6-month extension to file extends your deadline to file to September 15th.
Note: 2020 Corporation and LLC (taxed as S-Corp.) fees are now due July 15th.
SBA Payment Protection Program (PPP) applications end 06/30/20. Call us for general guidance and support with documentation.
SBA Economic Injury Disaster Loan (EIDL) applications have reopened. Call us for general guidance and support with documentation.
We have switched to working exclusively by phone or video conference with great results! Call or e-mail to review our virtual tax process and we’ll minimize your taxes remotely.
Please contact Izaira@taxplus.com or call 310.398.3231 to request a phone or video conference with one of our Enrolled Agents. Contact Rita@taxplus.com or call 858.279.1640 for our San Diego office.
Please contact Roxana@taxplus.com for any extension requests.
We look forward to working remotely with you!
TaxPlus Team