Hot Topics
filing and payment deadlines
2020 Tax Deadlines
- March 15, 2021
- filing deadline for partnership and s-corporation tax returns
- April 15, 2021
- filing deadline for individual and c-corporation tax returns
- 1st quarter estimated tax payment for the current year due
- June 15, 2021
- 2nd quarter estimated tax payment due
- September 15, 2021
- Extension deadline for partnership and s-corporation tax returns
- 3rd quarter estimated tax payment due
- October 15, 2021
- Extension deadline for individual and c-corporation tax returns
families first coronavirus response act
Employer Paid Leave Requirements
- H.R. 6201, known as the Families First Coronavirus Response Act in Division E, requires employers to provide each employee paid sick time for specific reasons. A link to the law : https://www.congress.gov/116/bills/hr6201/BILLS-116hr6201enr.pdf The Department of Labor’s outline to be more helpful to explain the bill in more practical terms. https://www.dol.gov/agencies/whd/pandemic/ffcra-employer-paid-leave
DOL Poster is now available:
https://www.dol.gov/sites/dolgov/files/WHD/posters/FFCRA_Poster_WH1422_Non-Federal.pdf
Here is what the IRS published about this topic: https://www.irs.gov/newsroom/treasury-irs-and-labor-announce-plan-to-implement-coronavirus-related-paid-leave-for-workers-and-tax-credits-for-small-and-midsize-businesses-to-swiftly-recover-the-cost-of-providing-coronavirus
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