Uncle Sam has heard your requests for extra time to file your taxes – and so they have been denied.
The Treasury Division and the IRS will stick to the July 15 deadline for 2019 revenue tax returns and taxes owed for that 12 months, the companies mentioned.
The announcement got here lower than every week after Treasury Secretary Steven Mnuchin mentioned that pushing the deadline out additional was “one thing we might contemplate.”
People who find themselves unable to submit their paperwork in two weeks can get an extension to Oct. 15. Nonetheless, that is solely an extension to file – not an extension to pay.
“The IRS urges individuals who owe taxes, even when they’ve a submitting extension, to fastidiously assessment their scenario and pay what they will by July 15 to keep away from penalties and curiosity,” the companies mentioned in an announcement.
Final 12 months’s returns and taxes aren’t the one objects due in two weeks. Quarterly filers should additionally pay taxes for the primary two quarters of 2020 by July 15.
Information of the IRS sticking to the deadline introduced combined reactions…