- Treasury Secretary Steven Mnuchin said Tuesday that taxpayers can delay paying their income taxes on as much as $1 million in taxes owed for up to 90 days.
- Ordinarily, individual income taxpayers must submit their 2019 tax returns and pay amounts owed by April 15.
- The postponement on payments applies to federal returns. Double-check your state’s tax deadlines to see if there are any delays.
The American Institute of CPAs is keeping a list of states’ tax developments here.