Last year, we saw the tax filing deadline moved from April 15 to July 15 due to all of the madness of the pandemic.
And this year, the IRS is planning to push back the tax filing deadline one month to May 15. (May 15 actually falls on a Saturday so reportedly the final deadline will be the following Monday.)
Keep in mind that if you are located in Texas, your tax filing deadline was likely pushed to June 15 based on the declaration of a disaster area by FEMA.
We previously saw the tax deadline for paying your taxes moved out 90 days from the filing date of April 15 to July 15. This was meant to provide financial relief for many Americans out there who will have to pay taxes and perhaps had the intention of stimulating the economy by keeping money in the pockets of consumers.
Well, if you have not filed your taxes yet there is even more good news because the filing deadline now has been moved out to July 15, 2020.
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Daniel Gillaspia is the Founder of UponArriving.com and creator of the credit card app, WalletFlo. He is a former attorney turned full-time credit card rewards/travel expert and has earned and redeemed millions of miles to travel the globe. Since 2014, his content has been featured in major publications such as National Geographic, Smithsonian Magazine, Forbes, CNBC, US News, and Business Insider. Find his full bio here.