In 2020, the COVID-19 pandemic took everyone, including the IRS, by surprise. Because of the issues people were dealing with last spring, the filing deadline for federal tax payments was moved from the usual mid-April date to July 15th.
This year, it looked look like we weren’t going to get the same tax vacation — until the IRS announced on March 17th that tax day has been pushed back a month. As a result, the new due date for your 2020 taxes is May 17th, 2021.
Meanwhile, the IRS has also made it known that the pandemic is slowing down some operations, such as processing returns filed on paper. As a result, it might not be a bad idea to start working on those taxes as soon as possible — and to submit them online. In fact, whether…