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  • 1.  IRS Tax Payments

    Platinum Most Valuable Member
    Posted 10-27-2020 04:31 PM
    A number of IRS tax payments made on 1041's due 9/30/20 have not been deposited,
    some going on 5 weeks.

    Is anyone else encountering the same issue?

    Michael Jaffe CPA

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    Michael Jaffe
    CPA
    MICHAEL B. JAFFE, CPA PC
    Commack NY
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  • 2.  RE: IRS Tax Payments

    Platinum Most Valuable Member
    Posted 10-28-2020 05:32 PM
    Michael
    While my response is not totally on point, I have several client's who mailed their personal federal extension payments on July 15, 2020 only to find that the checks first cleared earlier this month.

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    David Rothfeld
    DAVID J. ROTHFELD, CPA
    Hicksville NY
    516-433-2129
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  • 3.  RE: IRS Tax Payments

    Posted 10-29-2020 08:35 AM
    I filed a final 1041 in Sept. 2019 with a refund due and after numerous calls to IRS still have not received refund.
    Michael Weitzman
    400 Jericho Tpke.
    Jericho, NY 11753
    516 822-9700

    Sent from my iPhone




  • 4.  RE: IRS Tax Payments

    Silver Most Valuable Member
    Posted 10-29-2020 10:04 AM
    We've had a couple of 1041 payments mailed on July 15 clear last week.

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    Peter Hall
    HALL CPA GROUP
    Kings Park NY
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  • 5.  RE: IRS Tax Payments

    Posted 10-29-2020 11:38 AM

    IRS officially stated that they are 3 months behind in dealing with paper mail.  Do not stop payments.  The checks will eventually clear and the credit will be given retroactively.

     

    Stay healthy!! Stay positive, test negative!!

    David

    David Vishnia, CPA

     






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The opinions expressed are the views of the author alone and should not be attributed to any other individual or entity and shall not constitute an accounting opinion.