
New Stimulus Package Extends Federal Income Tax Deadlines for Individuals
The federal government has extended the 2020 filing deadline for individual taxpayers from April 15th, 2021 to May 17th, 2021. The individual payment deadline has also been extended to May 17th, 2021. Taxpayers can now make payments by the May deadline without any penalties and interest accumulating, regardless of the amount owed. This deadline also applies to self-employment tax. These