Though everyone in the United States generally has until April 15 to file their taxes, Treasury Secretary Steve Mnuchin has just announced a 90-day extension. This comes in light of the administration, as well as health officials like the CDC telling individuals to remain inside as much as possible. The 90-day extension comes with no penalties and is interest-free.
Though the extension is available to all Americans, Treasury Secretary Steve Mnuchin said that if you can get your taxes filed before April 15, it would be best. This deferment covers all American taxpayers who owe $1 million or less, or companies that owe up to $10 million. Of the deferment, Mr. Mnuchin said, “We encourage those Americans who can file their taxes to continue to file their taxes on April 15, because for many Americans, you will get tax refunds.”
If you are someone who is looking to file their taxes or has had trouble filing taxes that may now put you in financial jeopardy, please feel free to reach out to our knowledgeable Rockland County bankruptcy firm. We have helped countless individuals through financial hardships over the years, and we are ready to do the same for you. Though the new coronavirus seems to have swept over the nation in a heartbeat, as long as we keep positive, stick together, and ensure we stay on top of our finances and health, we will get through this.
Contact our experienced New York bankruptcy firm
The Law Offices of Allen A. Kolber, Esq. effectively represents clients facing Bankruptcy in Rockland County and all of New York State. Our firm understands the stress one can feel when facing a difficult financial future. Our compassionate staff will work to ease your fears and help you make a new start. If you need quality legal support, contact The Law Offices of Allen A. Kolber, Esq.