Page 3 - August 2020 Boomer Times & Senior Life
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Tax Day 2020
By Mark Morowitz, CPA
This month I thought I would share my per- 15 and October 15 into play. To add to the
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spective on Tax Day 2020. For those of you craziness, this year, because of Covid-19, the
unfamiliar with the term, Tax Day refers to the filing date was automatically extended to July
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last day of tax season. While honestly a mis- 15 for all tax returns due by April 15 . Are you
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nomer, the day taxes are due, usually April 15 still with me? So where is the chaos you ask?
is typically celebrated each year as the “end” of Well, federal estimated tax payment number 1,
tax season. I guess it’s celebrated by the public usually due April 15 was pushed back to July
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and the media because it’s sure as heck not Mark Morowitz, CPA 15 . Estimated tax payment number 2 was due
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cele brated by me. on June 15 . Number 2 due before number 1? You
We tend to focus on individual taxes so to be clear, there get the picture.
are various tax days to be celebrated in the Gregorian So to celebrate tax day 2020 on July 15, 2020, I prepared
Calendar. In addition to April We tend to focus on individual taxes so to be extensions for all
15 (which also includes clear, there are various tax days to be celebrated clients not yet filed,
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corporation and fiduciary tax in the Gregorian Calendar. filled up a glass of
returns), there is March 15th, vodka and thought
the filing date for partnership and “S” Corporation tax about all of the places I can’t go to take a well deserved
returns and May 15 , the filing date for non-profit organi- vacation this year because of the virus. Welcome to my
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zation tax returns. world 2020. Stay safe my friends.
As if that’s not confusing enough, let’s add in the Call Mark Morowitz at 609-338-3603 for a free consultation, or go to:
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extensions of time to file which puts August 15 , September MorowitzCPA.com.
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AUGUST 2020 BoomerTimesFL.com BoomerTimes & SeniorLife / 3