2020: The year April 15 didn't matter.
The coronavirus exploded exponentially across the United States in March, prompting, among other actions, myriad tax changes. The biggest, at least as far as affecting the broadest swath of taxpayers, is the decision by the Treasury Department and Internal Revenue Service to push April 15 Tax Day to July 15.
Yay! An extra 90 days to file our 2019 tax returns. That means we can direct all our usual April tax panic energy toward our social distancing and remote efforts.
But even amid your/our new COVID-19 routine, we still need to work on our taxes so that July 15 doesn't sneak up on us. Or to make whatever moves we can to make our 2020 taxes less painful.
So here goes, with the ol' blog's first ever full month of April tax filing season tips. As with its predecessors, these April pieces of tax advice are highlighted in the upper right corner of the ol' blog.
After their newly extended time in the spotlight, the April tips then will be permanently ensconced on this page. But that collection journey has to start with a first step, so here goes!
- 5 tax moves to make this abnormal April — It's April, but it's no longer the month in which our taxes are due. The coronavirus and our efforts to slow its spread have disrupted our tax and regular lives. But in an effort to try to hold onto some semblance of normalcy, here are five tax moves for these decidedly abnormal times. (April 1, 2020)
- Retirees will get COVID-19 payments directly — After first saying senior citizens would have to file a special tax return to get COVID-19 payments, Treasury reversed course. The Internal Revenue Service now will send the money automatically to eligible Social Security recipients. (April 2, 2020)
- Beware COVID-19 tax scams — The coronavirus economic relief payments are about to go out. The IRS warns that scammers already are looking at ways they can steal them. Don't fall for any of these COVID-19 cons. (April 3, 2020)
Just getting started on your taxes? No problem. You can find the previous months' collected tax wisdom by clicking the links below.
And yes, you can click on May, June and June, too, but you'll just find a guy telling you to whoa up. We're not there yet. Rest assured, those tips will be added as those months arrive.