Treasury Secretary Steven Mnuchin prepares to ship remarks on the coronavirus reduction bundle after the Senate Republican Coverage luncheon in Russell Constructing on Tuesday, March 17, 2020.
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The IRS is extending the federal earnings tax submitting deadline to July 15 as a part of a rising effort to stem the monetary ache from the coronavirus pandemic, Treasury Secretary Steven Mnuchin introduced Friday.
The transfer provides Individuals three months greater than they usually must file their earnings tax returns for the 2019 tax yr.
"At @realDonaldTrump's course, we're shifting Tax Day from April 15 to July 15," Mnuchin wrote in a tweet concerning the extension.
"All taxpayers and companies could have this extra time to file and make funds with out curiosity or penalties," he wrote.
In a second tweet, Mnuchin urged taxpayers who may obtain refunds this season "to file now to get your cash."
Most Individuals are entitled to refunds once they file their...
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