90-Day Tax Deadline Delay
In light of current events and potential financial difficulties caused by the COVID-19 outbreak, the Internal Revenue Service (I.R.S.) has postponed the 2019 federal income tax filing and payment deadline until July 15, 2020.1-3
Those who owe payments up to $1,000,000 as individuals or $10,000,000 as a corporation may claim the 90-day delay in payment without interest or penalties.1
We recommend that you consult your tax, legal, and accounting professionals before modifying your existing tax strategy. While it’s our intention to keep you updated on the most recent information, this is not a replacement for real-life tax advice.
As always, we're here to help anytime.
Eric Jones & Sherman Tegtmeier, Financial Advisors
Vista Wealth Group
11235 Davenport St Ste 109
Omaha, NE 68154
Securities offered through J.W. Cole Financial, Inc. (JWC). Member FINRA/SIPC. Advisory services offered through J.W. Cole Advisors (JWCA). Vista Wealth Group and JWC/JWCA are unaffiliated. Non-securities products are not offered through JWC/JWCA. Neither JWC/JWCA or Vista Wealth Group offer tax or legal advice and this information should not be considered as such.
This material was prepared by MarketingPro, Inc. for use by Vista Wealth Group
1 - IRS.gov, March 18, 2020
2 - USA Today, March 17, 2020
3 - CNBC, March 20, 2020