Missouri & Arkansas Extend Tax Deadline To May 17th

tax-fi

Missourians now have until mid-May to file state taxes. Gov. Mike Parson on Friday announced his administration pushed the deadline for individuals to file state tax returns from April 15 to May 17, days after the federal government did the same.

The state offers the following guidance on the extension to file and pay individual income tax:

  • Filing deadline extended: The deadline to file individual income tax returns has been extended from April 15, 2021, to May 17, 2021.
  • Payment relief for individuals: The deadline to pay taxes owed on individual income tax returns with a due date of April 15, 2021, has been extended until May 17, 2021.
  • This relief applies to individual taxpayers, including those who pay self-employment tax. However, it does not apply to estimated tax payments that are due on April 15, 2021; that deadline has not changed.
  • Penalties and interest will begin to accrue on any remaining unpaid balances as of May 17, 2021. Individuals that file their return and pay their balance by May 17, 2021, will automatically avoid interest and penalties on the tax paid by May 17.
  • Customers may still ask for an extension of time to file their individual income taxes. With that extension, the return will not be due until October 15, 2021. However, any payments must still be made by May 17, 2021.

 

LITTLE ROCK, Ark. – Governor Asa Hutchinson, after consultation with the legislative leadership, has extended the deadline for filing state individual income tax until May 17 to coincide with the extended federal deadline.

On Wednesday, the United States Treasury Department and the Internal Revenue Service announced the deadline for filing federal income tax was being extended to May 17.

Governor Hutchinson issued a proclamation Friday to announce he had signed Executive Order 21-06 granting the extension for filing an Arkansas tax return or payment until May 17.

 

For a Complete Look at All the Latest News Click Link Below

https://www.ecommnewsnetwork.com/category/news-daypop/