The new deadline is May 17, 2021.
Provided by Brower Financial Group
Less than one month ahead of the traditional date, the I.R.S. has delayed the deadline for filing and paying taxes. The new deadline is May 17, 2021.1,2,3
The delay follows continued disruption from the COVID-19 pandemic and a late start to the tax-filing season, which the I.R.S. delayed to start on February 12. It also follows the agency’s decision to postpone the deadline to June 15 for the states of Louisiana, Oklahoma, and Texas, still recovering from disastrous winter storm activity. Other states may now extend their local filing and payment deadlines.1,3
This relief does not apply to estimated tax payments that are due on April 15, 2021. These payments are still due on April 15.3
While this extension isn’t unexpected, it may be welcome to many still coping with what is becoming one of the most complicated tax seasons in decades.
It’s important to point out that our letter is for informational purposes only, so make sure to consult your tax, legal, and accounting professionals before modifying your tax-filing strategy.
About Brower Financial Group
Sound financial planning you can count on.
An organization is only as strong as its roots. For six generations, our families’ Florida roots have guided our approach to life and community service. As a financial partner to hundreds of families and organizations for more than 25 years, we understand what is most important to you.
Brower Financial Group is a premier financial planning firm located in Ponte Vedra Beach, FL serving all of Jacksonville, The Beaches and Ponte Vedra.
Securities offered through JW Cole Financial, Inc. (JWC), Member FINRA/SIPC Advisory Services offered through J.W. Cole Advisors, Inc. (JWCA). Brower Financial Group and JWC/JWCA are unaffiliated entities. Registered Representatives of J.W. Cole Financial, Inc. whose identities and associations with Brower Financial Group are disclosed on this site, may only conduct business with residents of the states and/or jurisdictions for which they are properly registered.
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1. CNBC.com, March 17, 2021
2. Bloomberg.com, March 17, 2021
3. IRS.gov, March 17, 2021