(Updated March 24, 2020)

We wanted to keep you updated on the latest information we have regarding taxes – both filing and payments – for both the IRS and the state of  Connecticut.  There are some updates that we want to report as a result of the current health crisis.

Updated 2019 IRS Tax Filing Guidelines

  • The federal tax filing deadline has been moved to July 15, 2020 for all filers.  If you are due a refund, you may want to file your return as quickly as possible.  You can read the full details on this press release.

Updated 2019 Connecticut Tax Filing Guidelines

  • All Connecticut tax returns are following the July 15 Federal filing deadlines.

Updated 2019 New York Tax Filing Guidelines

  • All New York tax returns are following the July 15 Federal Tax deadlines.

2020 Estimated Tax Payment Deadlines

  • Estimated tax payments for 2020 would start on July 15 and, as of this writing, are still required.  They are not technically part of the 2019 tax year and, as of now, are not impacted by the comments made by the Secretary.

Tax Questions & Answers

Question:  How do I cancel or change the date a payment comes out on a return I already e-filed or is on autopay? 

  • If you scheduled 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 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 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 payment by credit card or debit card, contact the card processor to cancel the card payment

For more information, click this link on the IRS website..

What do to if you have questions

If you haven’t contacted our office yet regarding your 2019 business or individual returns, please call us at 203-318-1488 or email us at info@lakefsllc.com to make arrangements.  We are still asking for your tax documents regardless of whether you anticipate going on extension or filing timely.

These are bizarre days and I fear we won’t return to a semblance of normality for some time.  We are here to help you deal with any questions you may have regarding your personal or business taxes and/or finances.

Sincerely,

Dave