IRS pushes tax filing deadline by one month

IRS 1040

Taxpayers will have extra time to file their 2020 tax returns. Getty Images iStock

The Millennial Taxpert Kesha Jontae discusses what you need to know about filing taxes before April 15. Some, including members of Congress, are calling for it to be delayed, as it was previous year during the opening months of the pandemic.

"Should the federal government decide to extend the tax filing deadline, we look forward to working with our colleagues in the Legislature to determine the best course of action for New Jersey", the spokeswoman said.

The move would give taxpayers more time to prepare their filings amid the slew of pandemic-related tax changes.

The IRS may have made a decision to heed the pleas of lawmakers and advocacy groups who have been urging the tax agency to postpone this year's April 15 filing deadline. The IRS is expected to delay the filing deadline by another month, a congressional source familiar with the matter tells NPR. This year's reported extension is only for one month - at least for now.

This will offer taxpayers more time to file as well as pay any taxes owed.

Earlier this year they announced they wouldn't begin accepting and processing 2020 tax returns until February 12.

In addition, the Congressmen noted that with the pandemic still not over, Americans will have less access to tax preparers than they typically do during tax season. House members argue, "tens of millions of our constituents are facing the same logistical hurdles as previous year", and they point to the fact that the IRS remains overwhelmed, "answering only 1 out of 4 telephone calls" from concerned taxpayers.

Other organizations, including the AARP and The American Institute of CPAs, have also joined the call for a delayed IRS filing deadline.

In addition to handling annual tax returns, the IRS is also involved in distributing the latest stimulus checks. The co-founder of the Philadelphia Film Critics Circle, Stephen lives in suburban Philadelphia with his wife and two sons.

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