Coronavirus (COVID-19) Could Cause Extension in 2019 Tax-Filing Deadline
March 11, 2020
Categories : Coronavirus
Types : Alerts
Treasury Secretary Steven Mnuchin announced that he supports extending the 2019 tax-filing deadline beyond April 15 because of coronavirus-induced economic disruptions. Testifying on Capitol Hill, he told the House Appropriations Committee on March 11 that his recommendation, to be delivered to President Donald Trump, would provide a “good stimulus” to small businesses and individual taxpayers.
To read more, please visit our Private Business Counsel blog.
While tax simplification and fairness are concepts with universal appeal, the undeniable fact is that our tax system has grown increasingly complex and probably will continue to do so. It […]
Montgomery McCracken’s Business Department works proactively and collaboratively with our clients to advise on the full array of corporate and business issues, ranging from finance and regulatory matters to mergers […]