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BHBM Tax Law Alert | Administrative Extensions for Tax Returns and Payments Due July 15, 2020


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LOUISIANA UPDATE

Administrative Extensions for Tax Returns and Payments Due July 15, 2020

On July 15, 2020, the Louisiana Department of Revenue (the “Department”) released Revenue Information Bulletin No. 20-014, which provides that network connectivity issues impacted the Department’s website, including all applications on the Louisiana Taxpayer Access Point portal, including Louisiana File Online, the Frontline Workers COVID-19 Hazard Pay Rebate Program Online Application, and other tax filing and payment applications.

The Department is granting filing and payment extensions for all tax returns and payments due on July 15, 2020, until July 17, 2020. This filing and/or payment extension includes income and franchise tax returns and payments, Louisiana withholding (L-1) payments for those paying on a semi-monthly frequency, high alcoholic content beverage tax returns and payments, and motor fuels licensed importers tax returns and payments.

The extensions granted by the Department are automatic and taxpayers are not required to file an extension request. In addition, no penalties or interest will be assessed provided that the return and payment are submitted to the Department by the extension date.

If a taxpayer (individual, corporation, fiduciary, or partnership) requires additional time to file the return, an extension request may be submitted on the applicable extension form based on the tax type. The extension period shall run from July 18, 2020, to the general extension date of November 15, 2020 for individual, fiduciary, and partnership returns and December 15, 2020, for corporation returns.

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The information contained within this newsletter does not constitute legal advice and is not intended to create an attorney-client relationship. You should consult an attorney for individual advice regarding your own particular situation.


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