Support Ripon College by giving through a Donor
Advised Fund (DAF)

A DAF is an exellent and tax-efficient way to give to charity. There are several big advantages to using a DAF as opposed to giving cash.

  • You get a tax deduction in hte year that you donate to the fund that you control.
  • You can give from the fund to charities of you choice years later.
  • You can donate euities that have appreciated and nobody owes capital gains tax.
  • Your donated money can remain invested in index funds.

IRA Rollover Update:

If you are 70½ or older, you may be interested in a way to lower the income and taxes from your IRA withdrawals. With an IRA charitable rollover, you can benefit yourself and help us continue our mission.

Learn More

Receive income for life and transform students' lives:

Are you looking for a secure source of fixed income for now or in the future and want to support Ripon? A Charitable Gift Annuity could be a solution.

Become a Partner in the Legacy at Ripon College

There are several easy ways to include Ripon College in your long-term plans such as designating Ripon College as a beneficiary of your:

  • Will
  • Living Trust
  • Life Insurance
  • Retirement Assets

Transform your Assets into Life Changing Gifts

Consider contributing:

  • Appreciated Stock
  • Retirement Accounts
  • Real Estate
  • Other Assets
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Monday July 6, 2020

Washington News

Washington Hotline

IRS Tax Filing Date Will Be July 15

In IR–2020–134, the Service announced that taxes must be paid by July 15, 2020. While there had been discussion about delaying tax filing and payments, the IRS confirmed the July 15 date for 2019 tax returns. This date was extended from the normal April 15 filing date due to COVID–19.

Taxpayers should pay their taxes and file by July 15. If they are not prepared to file, taxpayers may file IRS Form 4868 to obtain an automatic extension until October 15, 2020.

Everyone who owes tax should pay the proper amount by July 15, regardless of whether they have obtained an extension. If a taxpayer cannot pay the full amount of his or her tax bill, there are several options to consider.

IRS Commissioner Chuck Rettig stated, “The IRS understands that those affected by the Coronavirus may not be able to pay their balances in full by July 15, but we have many payment options to help taxpayers. These easy-to-use payment options are available on and most can be done automatically without reaching out to an IRS representative.”

There are three convenient ways to file an extension request. A taxpayer may file Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. Tax software programs provide an electronic version of the extension form. You also can use IRS Free File and request an extension on

Another convenient method for obtaining an extension to file is to make a payment. A taxpayer may use Direct Pay, the Electronic Federal Tax Payment System (EFTPS) or a credit or debit card. When you make a tax payment, you may elect the automatic extension.

There are also specific options for taxpayers who are not able to make full payments when taxes are due.
  • Online Payment Agreement – An individual who owes $50,000 or less in tax, penalties and interest or a business that owes $25,000 or less in payroll taxes, penalties and interest may apply for an extended payment agreement. You can apply on
  • Installment Agreement – You may submit Form 9465, Installment Agreement Request to the IRS. If your proposal is accepted, transfers can be made directly from a bank account or through payroll deduction.
  • Temporarily Delaying Collection – If you are unable to pay and can convince the IRS you have a financial need, you may obtain a delay until your finances are improved. You still will be subject to penalties and interest during that period of delay.
  • Offer in Compromise – Some taxpayers may be able to settle their tax bill for less than the amount payable. Go to and use the Offer in Compromise Pre–Qualifier tool.

Published July 3, 2020
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