US Tax Deadline Extension Due to COVID-19

If you haven't filed your taxes yet, here's some good news coming out of Washington this morning. You'll have an additional three months to file your taxes.

According to a report published on CNN, Tax Day is moving from April 15 to July 15th, 2020. "We are moving Tax Day from April 15 to July 15," Secretary Steven Mnuchin tweeted. "All taxpayers and businesses will have this additional time to file and make payments without interest or penalties."

The new deadlines announced by the administration apply to federal tax income payments only. It's up to states to set their own deadlines.

This is welcome news and much needed during this difficult time.