Senators push to extend tax filing season to July 15

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Senators push to extend tax filing season to July 15
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Sen. John Thune, R-S.D., among others, has proposed legislation that would give taxpayers 90 more days to file their 2019 returns. While the Treasury has given people more time to pay, returns are still expected to be submitted by April 15.

Sen. John Thune, R-S.D., today proposed granting taxpayers 90 more days to submit last year’s tax return.

Citing coronavirus concerns, Treasury Department gave filers until July 15 to pay taxes, but maintained the April 15 due date for filing. Accountants and tax preparers have been frustrated by Treasury’s decision to keep the April 15 deadline.Sen. John Thune, R-S.D., has proposed giving taxpayers until July 15 to submit their 2019 income tax returns – 90 days from the original April 15 due date., which Senators Steve Daines, R-Mont., and Angus King, I-Maine, are joining Thune in introducing, aims to have the filing deadline coincide with the new July 15 deadline for taxpayers to pay the IRS taxes owed for 2019.

Earlier this week, the Treasury Department announced it would give taxpayers more time to pay what they owed, due to coronavirus concerns.The development has caused confusion and consternation for filers and tax professionals.

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