Tax Deadline Extended
- The IRS has postponed the tax filing and payment due dates until July 15th, and Minnesota will also follow these guidelines. Note that this also applies to federal estimated tax payments, however, this does NOT apply to Minnesota estimated tax payments, so the April 15th deadline will still apply for MN 2020 Q1 estimates.
Roth IRA, Traditional IRA, and SEP IRA Contribution Deadline
– The IRS has also extended the deadline for 2019 IRA contributions until July 15
th. SEP IRA contributions can generally be made with the return up until the October 15
th extension deadline. If you need to make a contribution for 2019, contact us for the best way to do so either by direct deposit or mailing a check directly to Commonwealth for processing.
– If you typically send checks for investment into your account, or if you are receiving funds by check, please let us know if you would like to set up an EFT bank line or automated direct deposit to have available to ensure no disruption in your income disbursements.
Mailings: USPS Mail, FedEx, and UPS
– We continue to accept all mail and deliveries at our office. If you need to send us something, please give us a heads up so we can pay special attention during these times. Thank you!
Keeping Your Information Safe
Unfortunately, cybercriminals try to take advantage of a crisis, and people become more susceptible to attacks. It’s important to stay vigilant and look out for suspicious emails that may contain malicious attachments or links to fraudulent websites. For more information, please visit the
Cybersecurity and Infrastructure Security Agency