The IRS extended the tax deadline to July 15 and at least 21 million Americans took advantage

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The federal tax deadline was pushed from April 15 to July 15 due to the coronavirus outbreak.  IRS data shows roughly 21 million fewer tax returns were filed by the April deadline this year than in 2019, suggesting many Americans took advantage of the automatic extension. But that’s likely an undercount. The IRS tracks the total number of returns it receives — this year that figure includes people who used the non-filers tool to get a stimulus check. Despite a drop in the number of people filing taxes, the IRS is behind on processing returns, potentially leading to

Read more    Source: businessinsider.com

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