Tax Deadline Pushed to May

Tax deadline pushed to May

Taxpayers will have another month to file their tax returns and settle bills as the Internal Revenue Service prepares to push the April 15 filing deadline to May 17. The move is meant to “ease the burden on filers dealing with the economic upheaval caused by the pandemic,” writes The New York Times. It will also give the IRS more wiggle room as the tax agency doles out another round of stimulus payments while simultaneously grappling with a massive backlog of tax returns from the previous tax season, according to The Washington Post.

Join YouTube banner

Comments are closed.