The IRS and local tax agencies are rolling out tax relief programs, adjusted deadlines, and regulations to help ease the financial burden on businesses. We’re collecting updates on these developments and publishing them every other week. We encourage you to stay abreast of updates in your local jurisdiction. You can find links below.
Please note that the updates below do not constitute tax or legal advice and are intended for educational purposes only. Consult a professional to determine how these developments may impact your business.
May 15, 2020:
- Georgia Labor Commissioner Mark Butler announced that the Georgia Department of Labor (GDOL) has developed a program that will allow employer-filed partial unemployment claims to be converted to individual claims. This new process will allow employees who are permanently terminated the opportunity to continue receiving benefits without interruption. Learn more
April 27, 2020:
- Florida Department of Revenue issued an Order of Emergency Waiver/Deviation which extends certain corporate income/franchise tax returns and payments. The extension date is dictated by the closing date of your business’s fiscal year. Learn more
April 11, 2020:
- The federal government, under the most recent signing of the CARES Act, created Pandemic Unemployment Assistance (PUA). PUA is a temporary unemployment insurance program for individuals not otherwise eligible for UI benefits, including the self-employed, independent contractors, gig economy workers, those seeking part-time employment, and individuals lacking sufficient work history but who would be able to work and look for work if not for COVID-19. This program is intended only for workers who would not be eligible for regular unemployment compensation. For more information, visit your state’s Unemployment Insurance Office.
April 3, 2020:
- Colorado Department of Labor mandates that any employer engaged in the field of leisure and hospitality, food services, retail establishments that sell groceries, food and beverage manufacturing, child care, education at all levels, home healthcare, operating a nursing home, or operating a community living facility shall provide up to four days of paid sick leave for employees who have flu-like symptoms, are being tested for COVID-19, or are under instructions from a healthcare provider to quarantine or isolate due to a risk of having COVID-19. The paid sick leave ends if an employee receives a negative COVID-19 test result. The paid rate of this leave is their regular rate of pay. Learn more
April 2, 2020:
- The Comptroller of Maryland extended the date to pay and file all business taxes that were due in March, April, and May of 2020 to June 1, 2020. Learn more
- New Jersey Division of Taxation extended the due dates for individual income tax and corporation business taxes to July 15, 2020. Learn more
March 31, 2020:
- North Carolina Department of Revenue is waiving penalties and interest on late filing and payments for income and franchise tax, withholding tax, sales and use tax, and other taxes as long as they are filed and paid by July 15, 2020. Learn more
March 30, 2020:
- California Franchise Tax Board extended the deadline for taxpayers to claim a refund, file a protest of a Notice to Proposed Assessment with the Franchise Tax Board, and to file an appeal or petition for rehearing with the Office of Tax Appeals to July 15, 2020. Learn more
- Connecticut Department of Revenue Services is extending Sales and Room Occupancy tax deadlines to file and pay to May 31, 2020, for both quarterly and monthly filers. Learn more
- Louisiana Department of Revenue is allowing S Corporations or entities taxed as a partnership for federal tax purposes to file elections by July 15, 2020, for no penalty. Learn more
March 27, 2020:
- The federal government passed the Coronavirus Aid, Relief, and Economic Security Act into law. This package affects individuals, big corporations, hospitals and public health organizations, the federal safety net, state and local governments, and small businesses. Learn more
- Louisiana Department of Revenue extended the filing and payment due dates for excise tax, corporate income tax, sales tax, and other taxes. See the full list and learn more
- Ohio Department of Taxation is extending the deadline to file and pay individual income tax, school district tax, and pass-through entity and fiduciary income taxes to July 15, 2020. Learn more
- Oklahoma Tax Commission extended the date to file and pay 2019 Oklahoma income tax returns to July 15, 2020. Learn more
March 26,2020:
- Florida Department of Revenue extended the payment and filing deadlines for sales and use tax as well as other related taxes collected in March, 2020, to April 30, 2020. However, this extension is specifically for taxpayers who have been adversely affected by COVID-19. Learn more
- Utah State Tax Commission passed an emergency rule waiving interest and penalties for late-filed 2019 tax returns and payments of Corporations and Pass through entities such as LLCs. To receive this adjustment, these returns and payments have to be filed no later than July 15, 2020. The Commission also confirmed that by Utah statute, individuals will have the same deadline to file and pay their 2019 state taxes as they do their federal taxes, now extended to July 15, 2020. Learn more
March 25, 2020:
- Minnesota Department of Revenue is extending the deadline for filing and paying individual income taxes to July 15, 2020. Some exceptions apply. Under certain circumstances, your business may be eligible for other tax extensions. Learn more
- Oregon Department of Revenue ordered an automatic extension of the 2019 tax year filing and payment due dates for personal income taxpayers and corporate income/excise taxpayers for certain taxes. Learn more and see the full list of tax extensions
March 24, 2020:
- Idaho State Tax Commision has extended the deadline for income tax filings and payments from April 15, 2020, to June 15, 2020. This applies to individuals, businesses, and entities. It has also extended the deadline for applications for property tax relief programs from April 15, 2020, to June 15, 2020. Learn more
- Kansas Department of Revenue is extending tax filing deadlines to July 15, 2020, and waiving any interest and penalties for returns and payments made on or before July 15, 2020. Learn more
March 23, 2020:
- Alabama Department of Revenue is waiving late penalties for sales tax for certain businesses and lodging tax payments for payments due in February, March, and April of 2020. It is also extending the deadline for income tax filings and payments to July, 15, 2020. Learn more
- Illinois Department of Revenue is waiving all penalties and interest for late sales tax payments for certain food and beverage businesses. Learn more
- Iowa Workforce Development is delaying payment of unemployment taxes for eligible employees originally due on April 30, 2020, to the end of the second quarter on July 31, 2020. Learn more
- Mississippi Department of Revenue is extending the deadline to file and pay individual income taxes and corporate income taxes to May 15, 2020. The first quarter 2020 estimated tax payment is also extended to May 15, 2020. Learn more
- Missouri Department of Revenue is extending the deadlines for individual and corporate income returns from April 15, 2020, to July 15, 2020. This applies to all individual income tax returns, income tax returns filed by C Corporations, and income tax returns filed by trusts or estates. The Department of Revenue will automatically provide this relief, so filers do not need to take any additional steps to qualify. Learn more
- City of Philadelphia is extending the filing and payment dates for real estate as well as some business taxes. Learn more
- South Carolina Department of Employment and Workforce is extending the due date for first quarter unemployment taxes from April 30, 2020, to June 1, 2020. This extension is applied automatically; there is no need for additional action. Learn more
March 22, 2020:
- Georgia Department of Labor is requiring employers to file partial claims on behalf of their employees if they are reducing an employee’s hours or cannot provide work for that employee temporarily. Learn more
March 21, 2020:
- Federal income tax payment and filing deadlines are extended from April 15, 2020, to July 15, 2020. This applies to all individual returns, trusts, and corporations. You also don’t need to file anything to get this extension. Learn more
- Vermont Department of Taxes isn’t charging penalties or interest on late submissions on Meals and Rooms Tax or Sales and Use Tax that are due on March 25, 2020, and April 25, 2020. There is no update on the new due date. The due dates for personal income tax, homestead declaration and property tax, corporate income tax, and fiduciary tax are extended to July 15, 2020. Learn more
March 20, 2020:
- The federal government passed the Families First Coronavirus Response Act. The act covers paid sick leave and expanded family and medical leave for employees as well as providing reimbursement for the costs to employers, among other provisions. Learn more
- Alabama Department of Labor has temporarily ordered that all charges to employers who file partial unemployment compensation claims on behalf of their employees be waived until further notice. ADOL is encouraging all employers who can file on their employees’ behalf to do so. This waiver means that employers’ experience ratings will not be affected by COVID-19 related claims. Learn more
- Arizona extended corporate, income, and fiduciary tax payments and filings to July 15, 2020. Learn more
- Connecticut Department of Revenue Services is extending the tax payment deadlines for the Pass-Through Entity Tax, Unrelated Business Income Tax, and Corporation Tax to June 15, 2020. Learn more
- District of Columbia Office of Tax and Revenue will automatically waive interest and late payment penalties of sales and use taxes for all businesses (except for hotels and motels) for periods ending February 29, 2020, and March 31, 2020. All businesses must continue to file sales and use tax returns. Learn more
- Montana Department of Revenue is extending the deadline for individual income tax filings and payments to July 15, 2020. Learn more
- New Mexico Taxation and Revenue Department is extending the deadline for personal, fiduciary, and corporate tax returns and payments to July 15, 2020. It is also extending withholding tax payments and reporting due between March 25, 2020, and July 25, 2020. These reports and payments are due no later than July 25, 2020. Learn more
- Virginia Department of Taxation is waiving penalties on income tax payments that are due between April 1, 2020, and June 1, 2020. However, interest on those late payments is not waived. Learn more
- Wisconsin Department of Revenue is extending due dates for filings and payments on income and franchise taxes to July 15, 2020. Learn more
March 19, 2020:
- Iowa Department of Revenue is extending the tax deadlines for income, franchise, moneys, and credits taxes that have a due date on or after March 19, 2020, and before July 31, 2020. The new deadline for these taxes is July 31, 2020. Learn more
- Pennsylvania Department of Revenue is waiving penalties on businesses that don’t make prepayments for the Accelerated Sales Tax (AST) by March 20, 2020. For April, 2020 sales tax payments, the AST prepayment requirement is waived. Businesses will simply remit the sales tax they collected in March, 2020. Personal income tax returns and payments have been extended to July 15, 2020. Learn more
March 18, 2020:
- California Franchise Tax Board is extending the payment and filing deadlines for 2019 tax returns, 2019 tax return payments, 2020 1st and 2nd quarter estimated payments, 2020 LLC taxes and fees, and 2020 non-wage withholding payments. Learn more
March 17, 2020:
- Michigan Department of Treasury is extending the due date for tax filings and payments for sales, use, and withholding taxes from March 20, 2020, to April 20, 2020. Learn more
- South Carolina Department of Revenue is extending the due date for income tax filings and payments from April 15, 2020 to July 15, 2020. Other state returns and payments due between April 1 and June 1 will now all be due June 1, 2020. This includes sales and use tax, admissions tax, and withholding tax. Learn more
March 11, 2020:
- Colorado Department of Labor requires up to four days of paid sick leave for employees being tested for COVID-19 in the following industries: leisure and hospitality, food service, child care, education, transportation, home health, nursing homes, and community facilities. Learn more
March 1, 2020:
- California Employment Development Department is offering employers experiencing hardship as a result of COVID-19 a 60-day extension to file their state payroll reports and pay their payroll taxes without penalty and interest. A written request for the extension needs to be received within 60 days of the original date your payroll report and payment were due. Learn more
Visit your state’s websites for more information:
