Due to the coronavirus, the April 15, 2020 deadline for filing federal income tax returns has been extended. While the new deadline has not been determined yet, it will be for this year only. For certain individuals and business that have been negatively impacted, tax payments will be deferred without any interest or penalties. President Trump has announced that assistance will be offered to business facing disruption due to the virus.
While the new deadline is not yet determined, the new deadline is expected to be June 15 and October 15.
With these changes, States that do have income tax are expected to follow the Federal Government and also extend their deadlines.
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