Mike’s Musings

Random thoughts, opinions, ideas and prognostications on the day's events.

It’s not often we get good news from this quarter. As someone who will owe and is facing the possibility of unpaid time off in the not too distant future this is a very welcome reprieve indeed.

Taxpayers will get a three-month reprieve to pay the income taxes they owe for 2019, Treasury Secretary Steven Mnuchin said on Tuesday at a news conference. As part of its coronavirus response, the federal government will give filers 90 days to pay income taxes due on up to $1 million in tax owed, Mnuchin said in Washington. The reprieve on that amount would cover many pass-through entities and small businesses, he said. Corporate filers would get the same length of time to pay amounts due on up to $10 million in taxes owed, Mnuchin said. During that three-month deferral period, taxpayers won’t be subject to interest and penalties, he said. You should still get your 2019 income tax return in to the federal government as soon as possible, especially if you’re due a refund and need cash.

Treasury and IRS to delay tax payment deadline by 90 days

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

MetNews

Free PLR Content

AllAbout

Free PLR Content

The Art of Blogging

For bloggers who aspire to inspire

True Self

Awakening To Our True Nature

Cristian Mihai

writes a short story every week

WINTERY KNIGHT

...integrating Christian faith and knowledge in the public square

Deacon John's Space

Posting Roman Catholic & Pro-Life News & Views

Mike's Musings

Random thoughts, opinions, ideas and prognostications on the day's events.

Discover

A daily selection of the best content published on WordPress, collected for you by humans who love to read.

Stella's Place

Politics | Talk | Opinion - Contact Info: stellasplace@wowway.com

JJ’s Outlook

Stories, commentaries and more. Sparking ideas in the minds of the people.

NYC Stands with Standing Rock

Water is Life - Protect the Sacred - #NoDAPL

The Daily Post

The Art and Craft of Blogging

There Will Be Bread

The intersection of faith and life.

The Catholic Path

A wonderfully inexpert opinion on how to remain Catholic or Christian, in an increasingly disbelieving world.

%d bloggers like this: