This applies to individual and business taxpayers, and to all returns due prior to the October 16, 2023, deadline. It also extends the payment deadline for any estimated taxes that were originally due prior to October 16, as well as the March 15 and June 15 passthrough entity elective tax (PTE) payments.
This extension applies to payroll tax returns, but it does not apply to employment and excise tax deposits.
While this extension may be welcome news to those suffering from storm-related effects, if you are able, please provide us with your 2022 tax information as soon as possible so that we can complete your filings now and avoid the October rush!
For more helpful tax and accounting articles, or to sign up for our newsletter, please visit our KKB Insights page. If you have any questions, please contact us.