IRS planning to extend tax deadline by one month, reports say

Grant Boone
March 17, 2021

A letter to the IRS says the April 15th deadline for filing taxes is unrealistic as the U.S.is still in an unprecedented period of national crisis.

The mounting work has left the agency under water in recent months, according to The Washington Post, and under political siege, as lawmakers come to fear that long-unresolved troubles at the IRS could undercut the Biden administration's new economic recovery efforts.

CNBC, citing IRS data, added that the IRS had received almost fifty-six million returns and processed almost forty-nine million as of March 5, both fewer than at the same time during the 2020 filing season.

There are a number of ongoing factors that are posing a challenge for taxpayers, preparers and the IRS this year.

Acting in preparation of the potential extension of the federal tax deadline, Senator Paul Sarlo, the chairman of the Senate Budget and Appropriations Committee, introduced legislation that would extend the filing and payment deadline for state taxes as well.

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The IRS in January pushed back the start of tax season to February 12.

The official said the decision was made in order to allow filers more time to navigate tax situations complicated by the coronavirus pandemic.

It now appears the deadline will be delayed for all Americans.

At the time, the tax collector kept the typical April 15 filing deadline, even though it meant a shorter than usual filing season.

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