Since February 12th, the Internal Revenue Service (IRS) has been processing federal tax returns for the 2020 tax year, complicated for taxpayers and the IRS by the coronavirus pandemic and multiple pandemic-related relief packages passed last year. That’s why on Wednesday, the IRS announced the extension of tax filing and payment deadlines from April 15th to May 17th to help taxpayers navigating the many tax changes and give the IRS opportunity to clear its backlog of tax returns and correspondence. Read more ……
