Many tax payments that were postponed due to COVID-19 will resume on July 15. The IRS is reminding taxpayers who took advantage of the “People First Initiative” tax relief and didn’t make previously owed tax payments between March 25 to July 15, that they’ll need to restart their payments on July 15. The relief was provided on a variety of issues ranging from easing payment guidelines to postponing compliance actions. For example, relief was provided with respect to installment agreements. Contact us for assistance. Here are more details from the IRS. © 2020
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Jul