Will There Be IRS Delays in 2021?

Author: External Author | | Categories: Accounting Firm , Accounting Solutions , Bookkeeping Firm , Bookkeeping Solutions

Traditionally, tax returns and payments are due on a set schedule. Specifically, you must file a return by April 15 or by the next business day if the 15th falls on a weekend or a holiday. However, things were a little different in 2020. Due to COVID-19, the IRS pushed back the deadline to July 15, 2020. This gave Americans coping with the pandemic extra time to complete their paperwork and submit money owed. 

Because the deadline was changed last year and the coronavirus pandemic is still raging, you may be wondering if the due date will be pushed back this year, too. Here's what you need to know about the likelihood of IRS delays in 2021. 

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Original Article Source Credits: The Motely Fool, https://www.fool.com/

Article Written By: Christy Bieber 

Original Article Posted on: 24th January 2021

Link to Original Article: https://www.fool.com/taxes/2021/01/24/will-there-be-irs-delays-in-2021/

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