Well, here we go again! Last year, due to COVID 19, our federal filing deadlines were extended until July 15, 2020. This year, due to last week’s storm, the federal tax filing deadlines for Texans were extended for returns and payments due between February 11, 2021 and June 14, 2021 to June 15, 2021. Here are the major returns and payments that are now due on June 15, 2021:

  • 2020 Form 1120
  • 2020 Form 1120S
  • 2020 Form 1041
  • 2020 Form 1040
  • 1st Quarter 1040 Estimated Tax Payment
  • 1st Quarter 2020 Payroll Tax Reports
  • 2020 Contributions to IRA’s

The IRS Notice with more details can be found here. We have not heard word on Texas Franchise Tax Returns that are normally due on May 15th, but we will let you know if that date is extended as well. As we go through this again, we are encouraging everyone to get income tax information to us as soon as possible to ensure that you:

  • Can receive any funds due to you as quickly as possible, 
  • Know the amount of your tax obligations,
  • Know when the payments are required, and
  • Know that you can plan for them without surprises 

We all hope you are staying safe and well. We are here for you virtually and in person to take care of your income tax planning and filing needs and look forward to visiting with you soon. 

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