Tax Updates

To protect the public and employees, and in compliance with orders of local health authorities around the country, certain IRS services such as live assistance on telephones, processing paper tax returns and responding to correspondence are extremely limited or suspended until further notice. Learn more about IRS operations during COVID-19.

The IRS is committed to helping you get your Economic Impact Payment as soon as possible. The payments, also referred to by some as stimulus payments, are automatic for most taxpayers. Learn about eligibility and filing information from the IRS.

The Internal Revenue Service is providing special payment relief to all taxpayers in response to the COVID-19 outbreak. Both the filing deadline and tax payment deadline have been moved 90 days. The IRS urges taxpayers who are owed a refund to file as quickly as possible. This relief covers all income tax returns and payments originally due April 15, 2020. Learn more.

The IRS developed this resource to answer common questions from taxpayers regarding eligibility, filing paying 2019 income taxes and 2020 first quarter federal estimated income taxes, IRAs and workplace-based retirement plans, HSAs and MSAs and more. Read the FAQ.

On Wednesday, March 25, Governor Brown announced that income tax payments and income tax returns due April 15 and May 15 would now be automatically extended to July 15, which will match up with the federal extension. Oregon did not extend the payment date for the 2020 estimated payments that are due April 15. The estimates will still be due on their regular schedule. Matching up with the preliminary guidance, the first Oregon CAT payment is also still due April 30, although Oregon may waive some underpayment penalties if the estimate amount is done in “good faith.” More from the Oregon DOR.

All taxpayers are granted an extension of time to file and pay state returns and tax payments until July 15. All payments that would have been due between March 15 and July 15 are now due July 15. This includes all quarterly estimates, as well.  Other tax filings outside of income tax also qualify for relief but taxpayers must apply directly with the CDFTA for such extensions. More from the California Franchise Tax Board.

Taxpayers can request a 30-day extension for filing their excise tax return. Extensions must be requested before the due date of the affected return. Businesses can also request to have the late payment penalties waived. The DOR may also work with businesses that cannot file and pay within the 30-day window but businesses will need to work directly with the state. As of March 19, the Governor’s website has different guidance for such extensions then the Department of Revenue’s website. This difference is still being resolved. Taxpayers can also defer federal income tax payments due on April 15, 2020, to July 15, 2020, without penalties and interest, regardless of the amount owed. Taxpayers do not need to file any additional forms or call the IRS to qualify for this automatic federal tax filing and payment relief. More from the Washington DOR.

View a guide for all U.S. states from the AICPA.