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Tax Day is now May 17th, 2021 – The IRS extension: What it means to you.

The IRS announced Wednesday that the April 15th deadline for federal tax return filing and payments due for individuals, tax year 2020, will be automatically extended to May 17th, with formal guidance to practitioners to follow in the coming days.  Individual taxpayers can also postpone federal income tax payments for the 2020 tax year due