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COVID-19 Update: IRS Provides Clarity on Tax Deadline Extension

A frequently asked questions (FAQ) page has been released by the Internal Revenue Service (IRS) to clarify the extension of the due date for filing income tax returns and payments to July 15, 2020. The key areas it addresses are eligibility, filing procedures (including first quarter estimates), and effects on tax-advantaged accounts such as IRA’s and HSA’s.

Please contact your client administrator if you have further questions about the filing and payment extension.



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