Trump Administration Considering Sending Checks Directly to Americans, Treasury and IRS to Delay Tax Season Deadline by 90 Days
March 17th, 2020Via: CNBC:
Taxpayers will get a three-month reprieve to file their 2019 income tax returns, Treasury Secretary Steven Mnuchin said on Tuesday at a press conference.
As part of its coronavirus response, the federal government will also give filers 90 days to pay income taxes due on up to $1 million in tax owed, Mnuchin said in Washington. The reprieve on that amount would cover many pass-through entities and small businesses, he said.
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