As expected, the Missouri Department of Revenue announced that they are mirroring the guidance issued by the IRS by providing special tax filing and payment relief to individuals and corporations in response to the COVID-19 pandemic.
MODOR provided the following:
Guidance on 90-day extension to file and pay individual and corporate income tax
- Filing deadline extended: The deadline to file income tax returns has been extended from April 15, 2020, to July 15, 2020.
- Payment relief for individuals and corporations: Income tax payment deadlines for individual and corporate income returns with a due date of April 15, 2020, are extended until July 15, 2020. This payment relief applies to all individual income tax returns, income tax returns filed by C Corporations, and income tax returns filed by trusts or estates. The Department of Revenue will automatically provide this relief, so filers do not need to take any additional steps to qualify.
- This relief for individuals and corporations will also include estimated tax payments for tax year 2020 that are due on April 15, 2020.
- Penalties and interest will begin to accrue on any remaining unpaid balances as of July 16, 2020. Individuals and corporations that file their return or request an extension of time to file by July 15, 2020, will automatically avoid interest and penalties on the tax paid by July 15.
Missouri has also granted extensions for expiring driver licenses, non-driver licenses and instruction permits as well as expiring motor vehicle registrations.
We are here and continue to serve you by phone, web conference, email and other virtual means. Please contact your Lopata, Flegel service team should you have questions regarding your specific situation.