![]() ![]() But, again, many frustrated taxpayers can see how a two-month extension would make sense for 2020 returns. Whether the Treasury Department and the Internal Revenue Service will make such a move with less than a month to go remains to be seen. The letter did not suggest a date for a new filing deadline. "It has come to our attention that, due to the ongoing pandemic, many Americans continue to face the same challenges that necessitated extending the filing season last year," according to a letter dated Feb. The American Institute of CPAs is calling for extending the filing and payment deadline until June 15.ĭemocrats on the House Ways and Means Committee already requested that IRS Commissioner Charles Rettig extend the tax return filing season beyond April 15. Many tax professionals think we're looking at too tight of a time squeeze. Patrick's Day 2021: Stimulus checks, green beer, free doughnuts and more deals on tap Wednesday Some call for tax-deadline extension Where is my third stimulus check?: IRS updates 'Get My Payment' tool with information on new COVID payments Fortunately, a great deal of tax preparation can be done remotely. ![]() The COVID-19 pandemic continues to put a limit on office hours and in-person appointments for tax preparation. One tax professional told me earlier this year that there's absolutely nothing clear and simple about this tax season. The idea of a one-time, across-the-board extension makes a great deal of sense when you consider the extra long list of challenges and changes relating to the filing of 2020 tax returns, which remain due April 15. Should CPAs - and taxpayers - get an extra two months to file their federal income taxes? Does the tax season, which started late anyway, need to be extended until June 15? UPDATE: The IRS announced Wednesday that it was moving the tax filing deadline to May 17.
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