IRS TO EXTEND 2020 TAX SEASON TO MAY 17

Several news outlets have now confirmed that the filing deadline for 2020 will be extended by at least a month. The AICPA and other groups have been asking since February to have the date extended but the IRS insisted it would not extend the deadline until now.

The IRS is citing large volumes of un-processed returns and recent changes for their decision to delay the filing deadline.

The IRS has yet to comment directly…stay tuned.

Read more here.