The tax return deadline has been extended
This week the IRS announced that the federal income tax filing deadline for individuals for the 2020 tax year will be extended from 15 April to 17 May this year. This is particularly welcome news for accountants, who were seeing a usually busy period become particularly stressful due to the effects of the COVID-19 pandemic, and a rush of people submitting returns so that they can qualify for the latest batch of stimulus checks. The later deadline also gives the IRS time to put the tax codes changes created by the American Rescue Plan into place.
Click or scroll on for good news on stimulus checks too...
Charlotte Irwin
22 March 2021
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