By Marc Lichtenfeld The Oxford Club’s Chief Income Strategist, Marc Lichtenfeld discusses the 2020 tax extension deadline. What it means for you, when you should file and more.
2020 Tax Extension Deadline is July 15th
The IRS has extended the deadline for when you need to file your taxes to July 15th (instead of April 15th) due to the coronavirus.
So What Does That Mean For Me?
Well I think there are two main things. First of all, your IRA contributions or your tax deferred contributions. Most people typically will contribute to their tax deferred accounts by April 15th, because you can take that deduction on the …read more