Accounting Today: Momentum builds for delaying tax deadline

Accounting Today: Momentum builds for delaying tax deadline. “House Ways and Means Committee chairman Richard E. Neal, D-Massachusetts, and Oversight Subcommittee chairman Bill Pascrell, Jr., D-New Jersey, on Monday urged the IRS to extend the 2021 tax filing season until July 15, noting that the COVID-19 pandemic is continuing to impose a ‘titanic strain’ on the agency as well as taxpayers. They pointed out that as of the end of February, the number of tax returns filed had declined nearly 25 percent compared to the same time last year, and the number of returns processed by the IRS was down 31 percent.”

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