The U.S. government will postpone the April 15 tax-payment deadline for millions of individuals, giving Americans an additional 90 days to pay their 2019 income-tax bills in an unprecedented move intended to ease the economic pain inflicted by the corona virus.
The IRS, using authority under President Trump’s national emergency declaration will waive interest and penalties as well, Treasury Secretary Steven Mnuchin said at the White House on Tuesday. The delay is available to people who owe $1 million or less and corporations that owe $10 million or less, he said.
Author:Kelly Olsen Phone: 201-669-7520 Dated: March 18th 2020 Views: 938 About Kelly: Having the right real estate agent means having an agent who is committed to helping you buy or sell...
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