The IRS has extended the filing deadline and payments to individuals on their 2020 income tax return.
The due date has been extended from April 15, 2021, to May 17, 2021. However, the IRS does recommend that taxpayers who are owed refunds file as soon as they can.
In addition, due to the winter storms we experienced in February, the IRS announced relief for the victims of these storms in Texas, Oklahoma, and Louisiana. They have extended filing deadlines and payments for various individual and business tax returns until June 15, 2021.
We recommend reading the IRS article and contacting your CPA to make sure you are meeting all of the necessary deadlines when filing your tax returns.
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If you need to speak to an experienced tax planning lawyer please contact us online or call our Dallas office directly at 214.559.7202. We help clients throughout the Dallas area with all of their tax planning needs and look forward to helping you.