NASE CEO Suggests: “If You Have Not Yet Filed Your Tax Return or Paid Any Required Taxes, Do So by July 15th”
DALLAS, TX – With the coronavirus (COVID-19) pandemic having impacted the small business community, the Trump Administration announced last March that the U.S. Treasury and IRS extended both the tax filing deadline and any tax payments to July 15th. Keith Hall, the president and CEO of the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-businesses, warned those who have not yet filed their 2019 tax returns to “file your 2019 tax returns and pay any required tax by the upcoming July 15th tax deadline.”
“Given the COVID-19 public health emergency, the IRS allowed for the delay in both filing your 2019 tax returns and making tax payments without interest and penalty for so many small businesses who have been negatively impacted,” said Keith Hall. “If you are a small business who has not yet filed your return or made any required tax payments, you should do so by the deadline of next Wednesday, July 15th. If you are still not ready to file your return, you must file an extension with the IRS to avoid any penalties.”
The extension was a deferment in both the 2019 tax filing deadline and any tax payments to July 15th. For more information, please visit NASE’s COVID-19 resource page.
For additional information, visit www.IRS.gov.
The National Association for the Self-Employed (NASE) is the nation’s leading advocate and resource for the self-employed and micro-businesses, offering a broad range of benefits to help entrepreneurs succeed and to drive the continued growth of this vital segment of the American economy.
The NASE Next Biz Thing helps identify and connect our nation’s smallest businesses. Need small business help? Check out NASE’s Ask the Experts for advice or the NASE Minute for small business support.
The NASE is a 501(c) (6) nonprofit organization and provides big-business advantages to hundreds of thousands of micro-businesses across the United States. For more information, visit the association’s website at NASE.org