IRS Extends Deadline for Additional Forms
In an effort to provide additional relief to taxpayers affected by the coronavirus, the IRS has postponed the filing and payment of Federal income taxes reported on several Forms.
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In an effort to provide additional relief to taxpayers affected by the coronavirus, the IRS has postponed the filing and payment of Federal income taxes reported on several Forms.
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Yesterday, the New Hampshire Department of Revenue announced that it will grant relief to Business Profits Tax (BPT), Business Enterprise Tax (BET) and Interest & Dividends Tax (I&D) taxpayers in the form of payment relief and extensions.
New Hampshire Governor Chris Sununu issued a Stay-At-Home order for our state. As an essential business in the Financial Services category, we plan to remain open to serve our clients.
As of today, March 25th, the state of New Hampshire has NOT extended the deadline to file or pay the Business Tax, the Interest & Dividends Tax, Meals & Rentals Tax, or any other tax administered by the New Hampshire Department of Revenue Administration.
Due to the coronavirus pandemic, most taxpayers and businesses will have additional time to file and make payments without interest or penalties.
The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).
Following President Trump’s emergency declaration pursuant to the Stafford Act, the US Treasury Department and Internal Revenue Service (IRS) issued guidance allowing all individual and other non-corporate tax filers to defer up to $1 million of federal income tax (including self-employment tax) payments due on April 15, 2020, until July 15, 2020, without penalties or interest.
Governor Chris Sununu on Tuesday issued Emergency Orders 3, 4, and 5, which will provide relief for Granite Staters affected by COVID-19.
As the world health community continues to closely monitor the COVID-19 virus, Leone, McDonnell & Roberts is taking active measures to protect the well-being of our employees, clients, business associates and friends, while ensuring we continue to meet business needs.
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