IRS Extends April 15 And Other Tax Deadlines

The IRS has announced taxpayers will receive tax relief following the disaster declaration issued by FEMA. According to the IRS, specific deadlines falling on or after Feb 11 and before Jun 15 are postponed through Jun 15, 2021. It includes various 2020 business tax returns due on Mar 15 and 2020 individual and business returns owing on Apr 15. Taxpayers also have until Jun 15 to make 2020 IRA contributions.