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Filing and Payment Deadlines Questions and Answers

26 Mar 20
Kim Manuel
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A14. No, the payment will not be automatically rescheduled to July 15. If you do nothing, the payment will be made on the date you chose. Here is information on how to cancel and reschedule your payment:

  • If you scheduled a payment through IRS Direct Pay, you can use your confirmation number from the payment to access the Look Up a Payment feature. You can modify or cancel a scheduled payment until two business days before the payment date. The email notification you received when you scheduled the payment will contain the confirmation number.
  • If you scheduled a payment through Electronic Federal Tax Payment System (EFTPS), click on Payments from the EFTPS home page, login, then click Cancel a Tax Payment from the left menu and follow the instructions. You must do so at least two business days before the scheduled payment date.
  • If you scheduled a payment as part of filing your tax return (authorizing an electronic funds withdrawal), you may revoke (cancel) your payment by contacting the U.S. Treasury Financial Agent at 888-353-4537. You must call to make a payment cancellation request no later than 11:59 p.m. ET two business days prior to the scheduled payment date.
  • If you scheduled a payment by credit card or debit card, contact the card processor to cancel the card payment

IRS VITA/TCE National Partner Call: Cancellation Notice

26 Mar 20
Kim Manuel
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The IRS will not be having today’s scheduled call.  They will resume calls on Thursday, April 9th.

 

New July 15th Due Date Information (Updated Information)

25 Mar 20
Kim Manuel
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The IRS system is now accepting returns with direct debit dates beyond April 15th, 2020.


 

The IRS is still working to update their system to accommodate the new July 15th due date.  They are currently not accepting electronic returns with a direct debit date greater than April 15, 2020.  Once they update their systems, these returns can be electronically filed.

If you have a return that has gotten rejected because of the future direct debit date or you have returns that need to be filed with the future direct debit date you will need to hold these returns.  We recommend you create a tag so you can run a report to know which returns need to be filed once the IRS updates their systems.

 

 

TaxSlayer VITA/TCE Weekend Hours: Effective Immediately

23 Mar 20
Kim Manuel
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Effective 3/23/2020 Until Further Notice

In an effort to provide the most effective support (telephone, chat, and email) and to take a proactive measure to restrict the spread of COVID-19 among our employees and community, we will be changing our weekend support hours of operation until further notice.  This allows us to provide social distancing for the well-being of our staff.

  • Monday through Friday: 9:00am – 8:00pm Eastern time
  • Saturday: 10:00am – 3:00pm Eastern time
  • Sunday: Closed

 

Effective 3/16/2020 Until Further Notice

In an effort to provide the most effective support (telephone, chat, and email) and to take a proactive measure to restrict the spread of COVID-19 among our employees and community, we will be changing our support hours of operation until further notice.  This allows us to provide social distancing for the well-being of our staff.

  • Monday through Friday: 9:00am – 8:00pm Eastern time
  • Saturday/Sunday: 9:00am – 3:00pm Eastern time

As guidelines from the CDC change, we will continue to work with the IRS to make adjustments and to set expectations.  This is a challenging time for everyone and we appreciate the service you are providing to the taxpayers.

IR-2020-58: Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed

21 Mar 20
Kim Manuel
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Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed

WASHINGTON – The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020.

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. This deferment applies to all taxpayers, including individuals, trusts and estates, corporations and other non-corporate tax filers as well as those who pay self-employment tax.

Taxpayers do not need to file any additional forms or call the IRS to qualify for this automatic federal tax filing and payment relief.  Individual taxpayers who need additional time to file beyond the July 15 deadline, can request a filing extension by filing Form 4868 through their tax professional, tax software or using the Free File link on IRS.gov. Businesses who need additional time must file Form 7004.

The IRS urges taxpayers who are due a refund to file as soon as possible. Most tax refunds are still being issued within 21 days.

“Even with the filing deadline extended, we urge taxpayers who are owed refunds to file as soon as possible and file electronically,” said IRS Commissioner Chuck Rettig. “Filing electronically with direct deposit is the quickest way to get refunds. Although we are curtailing some operations during this period, the IRS is continuing with mission-critical operations to support the nation, and that includes accepting tax returns and sending refunds. As a federal agency vital to the overall operations of our country, we ask for your personal support, your understanding – and your patience. I’m incredibly proud of our employees as we navigate through numerous different challenges in this very rapidly changing environment.”

The IRS will continue to monitor issues related to the COVID-19 virus, and updated information will be posted on a special coronavirus page on IRS.gov.

This announcement comes following the President’s emergency declaration last week pursuant to the Stafford Act. The Stafford Act is a federal law designed to bring an orderly and systematic means of federal natural disaster and emergency assistance for state and local governments in carrying out their responsibilities to aid citizens. It was enacted in 1988.

Treasury and IRS will issue additional guidance as needed and continue working with Congress, on a bipartisan basis, on legislation to provide further relief to the American people.

March 20: IRS Released Notice for extending Filing Season

21 Mar 20
Kim Manuel
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IRS released Notice 2020-18.
https://www.irs.gov/pub/irs-drop/n-20-18.pdf

Please make sure you check  your state specific deadlines.  Some have moved their deadlines, but some have not.

 

Introduction: New location to enter IRS Identity Protection PIN

19 Mar 20
Kim Manuel
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Enhancement Request:  268773 is now live in TaxSlayer Pro Online 2019

We have added an additional location for you to enter the taxpayer, spouse and dependent IRS Identity Protection PIN.   You can now enter them while you are in the Basic Information Section.

IRS: e-News for Tax Professionals Special Edition

18 Mar 20
Kim Manuel
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The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns remains April 15, 2020. The IRS urges taxpayers who are owed a refund to file as quickly as possible. For those who can’t file by the April 15, 2020 deadline, the IRS reminds individual taxpayers that everyone is eligible to request a six-month extension to file their return.

This payment relief includes:

Individuals: Income tax payment deadlines for individual returns, with a due date of April 15, 2020, are being automatically extended until July 15, 2020, for up to $1 million of their 2019 tax due. This payment relief applies to all individual returns, including self-employed individuals, and all entities other than C-Corporations, such as trusts or estates. IRS will automatically provide this relief to taxpayers. Taxpayers do not need to file any additional forms or call the IRS to qualify for this relief.

Just to draw your attention:

The filing deadline for tax returns remains April 15, 2020.