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Possible tax deadline extension on the horizon?

People who still have to file their taxes will have extra time.

 

A U.S. House Committee says the traditional April 15th filing deadline will be pushed to May 17th.

 

Those involved with the decision say the extension will allow Americans some needed flexibility as they continue to navigate the coronavirus pandemic.

 

The extension also gives the IRS time to issue guidance on recent changes to tax law under the American Rescue Plan, which is the latest stimulus package.



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