Treasury Secretary Steve Mnuchin announced today that the normal tax filing deadline of April 15th will be pushed back three months. The new tax deadline is now July 15th.
Tax filers are still able to file their taxes before the new deadline and the Secretary encouraged people to do so, especially if they are anticipating a refund, saying "I encourage all taxpayers who may have tax refunds to file now to get your money." But if you aren't anticipating a refund or would rather just wait a little longer to file then you can wait to file until mid-July.
This is a smart move by the Secretary and Trump Administration. It will allow the IRS to focus more of their energies on managing the all-but-certain stimulus package that will be coming out of Congress in the coming days and not on sending letters out to Americans who didn't file their taxes in time.
JaredS Wrote:Treasury Secretary Steve Mnuchin announced today that the normal tax filing deadline of April 15th will be pushed back three months. The new tax deadline is now July 15th.Tax filers are still able to file their taxes before the new deadline and the Secretary encouraged people to do so, especially if they are anticipating a refund, saying "I encourage all taxpayers who may have tax refunds to file now to get your money." But if you aren't anticipating a refund or would rather just wait a little longer to file then you can wait to file until mid-July.This is a smart move by the Secretary and Trump Administration. It will allow the IRS to focus more of their energies on managing the all-but-certain stimulus package that will be coming out of Congress in the coming days and not on sending letters out to Americans who didn't file their taxes in time.
I agree that this is a good move. It's nice to see all the systems that have most always been ironclad relax a little for this. I wouldn't have guessed a week ago that something as sure as taxes get this big of a deadline date push back.