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Coronavirus

Five Things You Should Know About COVID-19 Relief Laws Before Tax Day

 The multiple coronavirus relief packages signed into law include a number of provisions related to taxes, including several that households should be aware of as they file their 2020 returns.

“There were three giant tax bills passed in 2020 and after 2020 that impacted all taxpayers,” said Mark Steber, chief tax information officer for the tax-preparation company Jackson Hewitt.

Tax Day is later than usual this year, with the IRS extending filing and payment deadlines from April 15 to May 17 as a result of the pandemic. People in Texas, Louisiana and Oklahoma have a deadline of June 15 because of winter storms.

Read the source article at The Hill

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