Treasury Secretary Mnuchin said that both individuals and corporations could defer income tax payments for 90 days.
Economic Impact Payments
We will start sending payments to most Americans in April.
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Most people won't need to take any action
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Tax Deadline Changed
The deadline to FILE and PAY federal income taxes are extended to July 15, 2020.
IRS is offering coronavirus relief to taxpayers.
2020 Tax Filing Season
The Treasury Department and the Internal Revenue Service are providing special tax filing and payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns has been extended from April 15 to July 15, 2020. The IRS urges taxpayers who are owed a refund to file as quickly as possible. For those who can't file by the July 15, 2020 deadline, the IRS reminds individual taxpayers that everyone is eligible to request an extension to file their return...
Read More: https://www.irs.gov/newsroom/whats-hot
For more information, go to https://www.irs.gov/coronavirus