2 Democrats Push IRS to Extend 2021 Tax Filing Deadline to July 15

Author: External Author | | Categories: IRS Tax

Are U.S. taxpayers about to receive another three-month extension of the IRS filing deadline? If two prominent lawmakers get their way, the answer will be yes.

On Monday, two Democratic members of the House Ways & Means Committee, Chairman Richard Neal of Massachusetts and oversight subcommittee Chairman Bill Pascrell of New Jersey, formally requested that the IRS do so right away. They pointed out in a press release that the number of both processed and filed returns so far in 2021 are down significantly from last year at this time. Processed returns are 31% below the 2020 level, while filed ones are down by nearly 25%.

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Original Article Source Credits:   The Motley Fool , https://www.fool.com/

Article Written By:  Eric Volkman

Original Article Posted on:  Mar 8, 2021

Link to Original Article:  https://www.fool.com/investing/2021/03/08/democrats-push-irs-to-immediately-extend-2021-tax/