President Donald Trump has advised the U.S. Department of Treasury to move the tax deadline from April 15, 2020 to July 15, 2020. This move is in response to the COVID-19 pandemic and will give taxpayers more time to file their federal tax returns and make payments.
Treasury Secretary Steven Mnuchin complied with the directive and tweeted the following:
“At @realDonaldTrump’s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have additional time to file and make payments without interest and penalties.”
We are still awaiting further guidelines regarding this deadline delay from the IRS. We will continue to share updates with you.
If you have questions about this latest development, we strongly urge you to reach out to your point of contact here at H&M. This situation continues to be fluid and the last thing we want is for you to feel as though you have unanswered questions.