485 Madison Avenue,
9th Floor
New York, NY 10022
Ph: (212) 792-6300
Fax: (212) 792-6350
Directions
100 Quentin Roosevelt
Blvd, Suite 516
Garden City, NY 11530
Ph: (516) 542-6300
Fax: (516) 542-9021
Directions
Menu

Blog

IRS extends the 2020 individual income tax filing due date from April 15th to May 17th

On March 17th, the IRS announced that the individual income tax filing due date for 2021 has been extended from April 15th to May 17th. Payment of individuals’ 2020 taxes can also be delayed until May 17th without penalties and interest.

While this decision is welcome, we at Janover will continue to respect the April 15th due date for several reasons:

  • Currently, this extension is limited; states and local returns and payments are still due on the regular due date until they come up with a similar announcement;
  • 2021 first quarter individual tax estimates are still currently due April 15th;
  • Getting 2020 tax compliance behind us will allow us to advise and consult with our clients and focus on adding value to the services we provide;
  • In order to maintain the high level quality of our services, it is important that our staff are given periods to “recharge”.

If you have any questions, please contact your Janover professional.

Leave a Reply

Your email address will not be published. Required fields are marked