BREAKING: Tax Filing Deadline Postponed to July 15 Amid Coronavirus Crisis

Treasury Secretary Steve Mnuchin announced on Twitter the Tax filing deadline has been delayed to July 15th.

Mnuchin tweeted:

At @realDonaldTrump’s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties.

Politico reports the deadline for filing tax returns will be postponed three months, to July 15 because of the coronavirus outbreak, Treasury Secretary Steven Mnuchin announced today.

The decision comes after complaints over the administration’s previous plan to give people who owe the IRS an additional 90 days to pay, without penalties or interest, yet still require them to file returns by April 15.

Many called that plan confusing, with lawmakers on both sides urging the administration to synchronize the dates.

Tax preparers, meanwhile, said social distancing guidelines related to the pandemic would make it hard for many to meet the April 15 deadline.

People may not be able to gather needed documents or confer with accountants. And services like the Volunteer Income Tax Assistance clinics — which help low-income people file returns — have been curtailed or closed in the wake of the coronavirus outbreak.

Senate Republicans unveiled plans Thursday to postpone the filing deadline as part of their stimulus legislation now pending in Congress.

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