Tax Day Has Been Moved
The Coronavirus has definitely affected more aspects of all our lives than we could ever imagine. As a result of the impact, the deadline to file taxes has now been moved. KFYR is reporting that Tax Day is being moved from April to July this year. The announcement came from the Treasury Secretary on March 20.
WASHINGTON (AP) — Treasury Secretary Steve Mnuchin has announced that the deadline for filing U.S. income taxes has been moved from April 15 to July 15.
Mnuchin tweeted Thursday morning that at President Donald Trump’ 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.”
The administration had announced earlier in the week that it would delay the payments, a move that Mnuchin said would leave $300 billion in the economy at a critical time.
He encouraged people who are expecting a tax refund to “file now to get your money.”