2019 Income Tax Deadlines – Relief Expanded and Clarified

Tax Deadlines:
Notice 2020-23, extended more key tax deadlines for both individuals and businesses . . . expands the relief to more returns, tax payments and other actions.
As a result, the extensions generally now apply to all taxpayers that have a filing or payment deadline falling on or after April 1, 2020, and before July 15, 2020. Individuals, trusts, estates, corporations and other non-corporate tax filers can qualify for the extra time to file and make payments.
That means anybody, including Americans who live and work abroad, can now wait until July 15 to file their 2019 federal income tax return and pay any tax due. Beyond the July 15 deadline can ask for an extension – usual forms

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Unemployment Insurance for Self Employed People during this Crisis

In the face of this Pandemic the Federal Government is trying to get money to Self Employed via Unemployment Insurance. This is unprecedented and the implementation has been slow and difficult but eventually we thing it will get worked out. We expect that when it gets done Self employed people will finally get checks for at least $600 per week plus whatever their state comes up with.

We are not experts on applying for Unemployment Insurance but in this crisis we want to share some info that we have gathered on the chance it might help. We will update this as we learn more.

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