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Yes, we're officially in the summer months, and for millions of Americans, thanks to the coronavirus, the early summer weeks will include preparing and paying taxes.
Because of the pandemic’s timing and impact, the IRS delayed the tax-filing and payment deadlines from April 15th to July 15th. The agency also moved back Q2 quarterly estimates, which would have been due on June 15th, to July 15th.
To help us break down all the ins and outs of this "new" tax season, we're joined by Ed Slott, the ultimate tax guru and founder of IRA Help.
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.