US Postpones April 15 Tax Deadline By 90 Days

Corona Virus Tax Deadline postponed 90-days

"In news that will delight millions of Americans - at least those who end up owing Uncle Sam a tax bill instead of getting a refund - the US government will postpone the April 15 tax-payment deadline for tens of millions of taxpayers by 90 days, giving Americans roughly 3 months pay their 2019 income-tax bills in an unprecedented move.

The IRS, under the authority of President Trump’s national-emergency declaration, will waive interest and penalties as well, Treasury Secretary Steven Mnuchin said at the White House Tuesday. The delay will be available to people who owe $1 million or less and corporations that owe $10 million or less."

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