In 2020, the COVID-19 pandemic took everyone, including the IRS, by surprise. Because of the issues people were dealing with last spring, the filing deadline for federal tax payments was moved from the usual mid-April date to July 15th.
This year, despite the still-very-present pandemic and various upheavals in our nation’s capital, it doesn’t look like we’re going to get the same tax vacation.
As a result, and considering the pandemic might still slow down the processing of refunds and other issues, it might not be a bad idea to start working on those taxes as soon as possible. And whether you’re a full-time worker dealing with a single 1040 or a freelancer / gig worker getting a series of 1099s, the fastest way to pay the piper these…
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Author: Barbara Krasnoff