As the April 15 deadline to file and pay taxes closes in, some of the accountants preparing those returns are telling the Internal Revenue Service they need more time.
All taxpayers can seek a filing extension until Oct. 15, but April 15 is the time to pay all taxes owed, except for Texas and Oklahoma taxpayers, who have until June 15. The AICPA’s letter comes as taxpayers keep filing their 2020 returns at a brisk clip. By the end of last month, the IRS had received 45.2 million individual returns this tax season.
As returns stack up, so do requests to postpone the deadline. This year, those seeking more time include several Democratic lawmakers and AARP leadership.
🤣 So much BS!
There is simply no reason for this. Simplify taxes and the instructions now.
lol | im sure this is why | lol |blockchain