Sunday, March 22, 2020

The Stafford Act


The Stafford Act is a federal law that was devised to bring a calm and regulated means of federal natural disaster and emergency assistance for state and local governments in carrying out their responsibilities to aid citizens.
The Stafford Act was enacted in 1988

The extended filing and payment deadline was extended from April 15, 2020 to July 15, 2020 without penalty and interest. This is an automatic extension, taxpayers and filers do not have to file a form 4868 for the extension. Included are Individual filers, Corporations, Trusts and Estates, Non-Corporate tax filers, and those who pay Self-employment tax.

The extension to file and deferment has been ordered based on the global crisis caused by the Covid-19 virus pandemic.


Read more: IRS Newswire...issue number IR-2020-58...March 21, 2020



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