Submitted by Catherine Dhanjal
| on Wed, 03/25/2020 - 18:14 | In international tax
The key US tax updates and timings are below.
**Extension to 2019 IRS filing and payment deadlines**
✅The IRS has confirmed that the extended filing and payment dates for 2019 returns will be July 15th 2020 (extended from April 15th, or June 15th for US citizens living abroad).
✅The extension covers FBAR filings as well as the income tax returns themselves.
❗However! Not all US states are mirroring the 3-month deadline, so taxpayers with a state filing requirement need to check on a case by case basis – we can provide you with the latest information.
**We encourage you to file early**
✅We are working hard to get as many tax returns and estimates done before the usual April 15 and June 15 deadlines, as Covid-19 is impacting clients’ professional and personal lives and we recognise you would like to get your taxes finalised early so you can turn your attention to other things.
It’s pretty much business as usual as far as possible for the Sestini & Co team, except that we now ask you to email us all documents/correspondence where possible. Or we can set up an online Dropbox folder to facilitate this if you prefer.
How we can help
If you need help with any tax-related issues and would like to speak to us, give us a call on 01761 241 861 or email us today.
We will be pleased to advise you or to invite you into our offices in Paulton, near Bristol and Bath, for a consultation.