IRS Extends Federal Tax Filing Deadline to July 15 in Response to COVID-19

The IRS has officially extended the federal income tax filing and payment deadline from April 15 to July 15, 2020 as part of relief efforts around the COVID-19 pandemic. All American taxpayers and businesses will have three additional months to file their federal income tax returns for the 2019 tax year. Taxpayers who are ready to file are encouraged to still file by April 15, especially those anticipating refunds.

The IRS strongly encourages people to file their tax returns electronically and choose direct deposit for faster refunds. Filing electronically reduces tax return errors as the tax software does the calculations, flags common errors and prompts taxpayers for missing information. More information on the filing and payment deadline extension can be found on the IRS website.

Anders is here to help during these uncertain times. Contact an Anders advisor to discuss your specific tax situation or read other updates around COVID-19.