President Donald Trump’s administration is reportedly leaning toward pushing back the April 15 tax filing deadline this year as part of its response to the spread of COVID-19.
The Wall Street Journal reported on Tuesday night that the measure would be aimed at helping individual citizens and businesses handle the chaos caused by the coronavirus.
No final decision has reportedly been made. An unnamed source told the Journal that the Treasury Department has not yet determined how long the extension will be and to whom it will be granted.
The Treasury did not respond to request for comment.
Well, that’s a huge load off everyone’s mind I’m sure. And of course if you’re dead you don’t have to file at all.
Nothing is certain but death and taxes…
Meanwhile, the Trump Regime is pursuing “Corporate Socialiasm” for BIG Oil!
And sabotaging Social Security through Covid-19!
BAD governance…
BAD intentions…
BAD faith!
That’s probably not a totally stupid idea. I don’t know exactly what effects a postponement has on the internal IRS side (they can’t be zero), but giving people and businesses a little extra breathing room seems somewhat helpful.
My guess is, a permanent pause on tax filing for families whose name rhyme with Gump.