IRS Now Expected to Extend Your Tax Deadline

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We may have another month to get taxes together.

While the IRS hasn’t specified a date, the agency will reportedly delay tax filings until May.

“This extension is absolutely necessary to give Americans some needed flexibility in a time of unprecedented crisis,” said House Ways and Means Oversight Subcommittee Chairman Bill Pascrell Jr., D-N.J., and  House Ways and Means Chairman Richard Neal, D-Mass., as quoted by CNBC. “Under titanic stress and strain, American taxpayers and tax preparers must have more time to file tax returns.”