IRS Extends Tax Payment Deadline

During the White House briefing today, Treasury Secretary Steven Mnuchin announced that taxpayers will get a 90 day extension on paying their 2019 taxes. Note that taxpayers are still required to file their taxes by April 15, but the payments may be deferred for 90 days. This is limited to $1 million for individuals and $10 million for corporations.

Read the press release on their website for more information: March 17 White House Coronavirus Press Conference

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