House Ways and Means Chair Richard Neal, D-Mass., is pushing the IRS to delay the April 15 filing and payment deadline. Neal joins a chorus of other groups, including the AICPA, pressuring the IRS to postpone the filing deadline.
So far IRS Commissioner Rettig has remained adamant in public comments that deadline will not move. He has found some support, including from the Federation of Tax Administrators, which represents the interests of state revenue departments.
While a change is possible as pressure continues, taxpayers should be prepared to comply with the current deadlines until and unless the IRS officially provides relief.
Tax practice tip
While relief is possible, the IRS has not yet, and may not, offer any. We should be preparing to comply with the current deadlines, filing extensions as needed, until and unless the IRS actually announces relief.
Dustin Stamper is a managing director in Grant Thornton’s Washington National Tax Office and leads the tax legislative affairs practice for the firm.
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