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Things you must know about COVID-19 and your taxes
Normally, taxes are due by April 15 every year, unless that date falls out on a weekend or holiday, in which case it's pushed back a number of days. However, due to the impact of COVID-19, the White House declared to change the tax deadline and announced some changes based on this global-illness disaster. Your payment to the IRS can defer If you owe a payment to the IRS, you can defer up to $1 million as an individual. adding that the payments would be interest free and pen

Tax Wealth Management
Apr 28, 20202 min read
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