Income Tax Form Deadline 3 Quick Tips Regarding Income Tax Form Deadline
AUGUSTA, Maine — Editor’s note: You’ve apparently heard the appellation ‘flattening the curve’ as a way to axis the course of coronavirus cases. The aloft video explains what that means.
Governor Mills and Department of Administrative and Banking Services Commissioner Kirsten Figueroa Tuesday continued the borderline for second-quarter estimated tax payments to July 15 to accommodate Maine taxpayers banking abatement during the coronavirus, COVID-19 pandemic.
“This communicable has acquired cogent banking accident for so abounding and I achievement that, by extending the borderline for assertive tax payments as we additionally did beforehand this year for the accompaniment assets tax, we can accommodate some bare abatement and accumulate added money in the pockets of Maine people,” said Governor Mills.
This new change is in accession to the Accompaniment extending the acquittal borderline of accompaniment assets tax payments from April 15, 2020 to July 15, 2020. That change included any final and estimated Maine assets tax payments due by April 15, 2020. Any failure-to-pay penalties and absorption will be abated for the aeon of April 16, 2020, through July 15, 2020.
“By extending this tax borderline to bout our antecedent addendum of accompaniment assets tax payments, we achievement to abbreviate abashing and accommodate added banking abutment to Maine bodies during this agitated time,” said Kirsten Figueroa, Commissioner of the Department of Administrative and Banking Services.
In appointment with Governor Mills and Commissioner Figueroa, MRS is acceptance this acquittal addendum as accustomed beneath Title 36 of the Maine Revised Statutes.
The continued acquittal due date includes second-quarter estimated payments, originally due June 15, 2020, for the afterward Maine tax types: alone assets tax, accumulated assets tax, authorization tax, and fiduciary assets tax for estates and trusts. The continued acquittal due date additionally includes any estimated or final payments, originally due April 16, 2020, through June 15, 2020, for fiscal-year filers, for the taxes listed above. For condoning taxpayers, any accompanying penalties and absorption will be abated for the aeon of April 16, 2020, through July 15, 2020.
As a reminder, Maine assets tax filers (calendar-year and fiscal-year filers) who are accepted a federal addendum to book automatically accept an agnate addendum to book their Maine assets tax return. This includes the afterward Maine tax returns: Form 1040ME (Individual Assets Tax Return); Form 1120ME (Corporate Assets Tax Return); Form 1120B-ME (Franchise Tax Return), and Form 1041ME (Income Tax Acknowledgment for Estates and Trusts).
Businesses and individuals are reminded that MRS continues its accustomed operations. This advertisement does not affect the acquittal and filing due dates of sales tax and accompaniment denial tax, which are “trust fund” taxes.
At NEWS CENTER Maine, we’re absorption our account advantage on the facts and not the abhorrence about the illness. To see our abounding coverage, appointment our coronavirus section, here: /coronavirus
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Income Tax Form Deadline 3 Quick Tips Regarding Income Tax Form Deadline – income tax form deadline
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