IRS Likely To Delay April 15 Tax Filing Deadline As Part Of Trump Coronavirus Response

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The Trump administration is likely to push back the deadline for filing income tax returns as part of its fiscal stimulus plan to combat the impact of the coronavirus outbreak, The Wall Street Journal reported late Tuesday.

The report cited sources familiar with the matter, including an administration official. There had yet to be a final decision on the move, nor would the logistics of how the plan would work finalized, the newspaper added. Treasury officials were undecided about how long the deadline would be extended beyond April 15, or who would be eligible, according to the report.

The news comes as President Donald Trump and his economic team work to assemble a response to the deadly virus’ spread and its impact on markets and the economy.

Read more at NBC News.

{Matzav.com}


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