Mayor extends net profit tax deadline

Mayor Linda Gorton today extended the April 15, 2020, deadline for the filing of local Occupational License Net Profit returns and payments to July 15, 2020.

“COVID-19 has infected our financial system, along with too many of our citizens,” Gorton said. “Right now we’re all focused on slowing down this virus. Other issues can wait.”

The extension is for all taxpayers, including those who filed quarterly estimated deposits in 2019, and those who pay once a year.

No penalties will apply for the extension period. The Mayor also extended the April 15, 2020, quarterly deposit deadline to May 15, 2020, for entities required to file a quarterly estimated payment.

All other deadlines will remain in place.