/IRS Delays Tax Deadline

IRS Delays Tax Deadline

The IRS pushed the deadline for Americans to file their taxes until mid-May. The extension gives Americans an extra month to file their taxes due to the unprecedented circumstances of the pandemic.

The updated date to file taxes by is May 17th.

“This extension is absolutely necessary to give Americans some needed flexibility in a time of unprecedented crisis,” Neal and Pascrell said. “Under titanic stress and strain, American taxpayers and tax preparers must have more time to file tax returns. And the IRS itself started the filing season late, continues to be behind schedule, and now must implement changes from the American Rescue Plan.”

The IRS extended last year’s filing deadline from April 15 to July 15 because of the coronavirus pandemic. Many lawmakers and tax preparers pressed the agency to take similar action this year, saying that many of the pandemic-related challenges that impacted last year’s filing season are continuing.

The IRS has already extended the filing deadline to June 15 for residents of Texas, Louisiana and Oklahoma because of winter storms.

Those advocating for an extension also noted that this year’s tax-filing season started later than usual and that the agency has processed fewer tax returns than it had at a similar point last year.

Keep reading at The Hill.