April 30th Payment
Here’s a change that will affect some tax payers. If you made an April 30th payment, your tax payment was withdrawn later than originally planned. This is what the Iowa Department of revenue said:
"Due to technical difficulties, taxpayers who scheduled their Iowa tax payment to be electronically withdrawn from their bank account on April 30 will now see that payment withdrawn from their account on May 1.
The Department has record of the original withdrawal date requested and these payments will not be considered late. Taxpayers do not need to take any further action regarding this issue."
Disclaimer: The items included in the Tax Tip Tuesday Video Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation. IRS Circular 230 disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advise contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein