Mon.Mar 15, 2021

article thumbnail

Will the tax filing deadline be extended?

ThomsonReuters

It is the question at the back of every tax practitioner’s mind this tax season – will tax season be extended? So far, we’ve only seen one instance of local filing deadline extensions in Texas, where the deadline was pushed to June 15 th due to complications resulting from severe winter storms. While the IRS has issued statements that April 15 th will be the deadline, it’s become clear in the last year that legislation can change on a whim, and so the question lingers.

article thumbnail

Last Week in Payroll: The Ides of March

ThomsonReuters

The Ides of March. Many will remember the famous line from William Shakespeare’s play Julius Caesar where a soothsayer gets Cesar’s attention by telling him to, “Beware the Ides of March.” It was advice Caesar did not take, and probably should have, since he was assassinated on March 15 (44 A.D.). However, in Roman times, the Ides of March was typically known as a deadline for settling debts.