Month: March 2020

Treasury Secretary Mnuchin tweeted today that the income tax filing date has been pushed to July 15.

In a March 17 press briefing, U.S. Treasury Secretary Steven Mnuchin said that individual taxpayers who owe up to a million dollars in federal taxes can defer paying until July 15,

The coronavirus relief bill signed by President Trump on March 18 contains, among its many provisions, several tax credits for employers who provide paid sick leave or family or medical leave for their employees who miss work for various coronavirus-related reasons.

New “kiddie” tax legislation passed at the end of 2019 eliminates a provision that increased the tax a child had to pay on unearned income. Here’s the scoop.