Tax Filing Deadline Extended By IRS
MIAMI, FL - DECEMBER 22: A copy of a IRS 1040 tax form is seen at an H&R Block office on the day President Donald Trump signed the Republican tax cut bill in Washington, DC on December 22, 2017 in Miami, Florida. Kathy Pickering, vice president of regulatory affairs and executive director of The Tax Institute at H&R Block released a statement about the new tax bill saying, " It's going to change the way you think about and plan your income taxes. You'll need to take a fresh look at your individual situation to know your outcome and new strategies to use to get the best tax outcome." (Photo by Joe Raedle/Getty Images)
Details here.
Check it out… looks like the Covid-19 virus did something that almost nothing else could do: Delay the arrival of the taxman.
The International Revenue Service announced that the tax deadline would be extended 90 days… So, for 2020 only: the deadline to file your taxes isn’t April 15th, it’s July 15th.
Of course, if you’re due a refund you may want to file earlier… But if you usually owe the Federal government they also announced that during the three-month deferral period, taxpayers won’t be subject to interest and penalties on money owed.
Note: This is your federal taxes… NOT STATE
Click here to get more information about the I.R.S’s response to Covid-19.
When Carl is not working at the greatest rock radio station known to mankind; a station known around the globe; a station that has the best music, co-workers, advertisers and most importantly THE BEST F'N LISTENERS you may find me doing any one of the following: Riding or making mountain bike trails. playing with his kids. playing sand volleyball on 5th Ave, cooking amazing food, including on his sweet smoker grill, going to concerts, swimming in the ocean, going to amusement parks with his kids, and other stuff that rocks!
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