Extra Time Provided For Filing 2020 Taxes May Offer Financial Planning Opportunity | Foodman CPAs & Advisors
To embed, copy and paste the code into your website or blog: The federal income tax filing due date for individuals for the 2020 tax year has been extended from April 15, 2021, to May 17, 2021. Individual taxpayers can also postpone federal income tax payments for the 2020 tax year due on April 15, 2021, to May 17, 2021, without penalties and interest, regardless of the amount owed. Taxpayers should pay their federal income tax due by May 17, 2021, to avoid interest and penalties. Penalties, interest, and additions to tax will begin to accrue on any remaining unpaid balances as of May 17, 202...