Many retirees and people who took Covid-related retirement plan distributions might need some extra time to work through their 2020 tax returns.
THIS YEAR TAXPAYERS will have an extra month to file taxes. Instead of the usual April 15 Tax Day, the Internal Revenue Service says taxpayers now have until 11:59 p.m. on May 17, 2021, to get those tax returns postmarked or emailed to avoid interest and penalties.
The IRS recently extended the filing deadline for individual tax returns to May 17 from April 15.
You may still want to file by the original date.
(CNN) - President Joe Biden's second big legislative push will be harder than his first for multiple reasons, most conspicuously this one: It will include tax increases.
(WENY) - Unemployed New Yorkers are still waiting for more guidance when it comes to filing taxes.
You could begin receiving multiple payments for the 2021 child tax credit within months if you're eligible.