The Department of the Treasury and the Internal Revenue Service have announced that the 2019 tax filing deadline remains July 15, 2020.
Due to COVID-19, the original filing deadline and tax payment due date for 2019 was postponed from April 15, 2020, to July 15, 2020.
Ministers who cannot meet the July 15 due date can request an automatic extension of time to file. Keep in mind that the extension is a six-month extension from the original filing date of April 15, meaning that an extension will extend the time to file to October 15, 2020. It is not an extension from the extended due date.
Additionally, the automatic extension of time to file extends the time to file, not the time to pay. The IRS encourages those who owe taxes to pay what they can by July 15, 2020, to avoid penalties and interest.
Clergy Financial Resources now has an easy option to file your extension. Complete the request form below. Once this information is submitted, we’ll file your extension and send you an email confirmation. If you are a new client, please also forward a copy of your 2018 return.
Important Note: This extension is not an extension of time to pay.
If you have not made all of your 2019 estimated payments or you anticipate a balance due, please pay the IRS and/or state prior to July 15, 2020. If you are unable to pay in full, you can still request an extension of time to file- however, the IRS or state may charge penalties and interest on any unpaid or late balance.
Your first and second estimated payments for tax year 2020 will be due by July 15, 2020. Please continue to pay the same estimated amount to federal/state as you have in the past.
Do you still need to file your return or in search of a tax firm specializing in Clergy Tax Law? You have found the right place – Click here to learn more about tax service designed for clergy.
Clergy Financial Resources serves as a resource for clients to help analyze the complexity of clergy tax law, church payroll & HR issues. Our professionals are committed to helping clients stay informed about tax news, developments and trends in various specialty areas.
This article is intended to provide readers with guidance in tax matters. The article does not constitute, and should not be treated as professional advice regarding the use of any particular tax technique. Every effort has been made to assure the accuracy of the information. Clergy Financial Resources and the author do not assume responsibility for any individual’s reliance upon the information provided in the article. Readers should independently verify all information before applying it to a particular fact situation, and should independently determine the impact of any particular tax planning technique. If you are seeking legal advice, you are encouraged to consult an attorney.
For more information or if you need additional assistance, please use the contact information below.
Clergy Financial Resources
11214 86th Avenue N.
Maple Grove, MN 55369
Tel: (763) 425-8778
Fax: (888) 876-5101