{"id":1110,"date":"2020-03-20T18:09:01","date_gmt":"2020-03-20T18:09:01","guid":{"rendered":"https:\/\/smartlifestyletrends.com\/?p=1110"},"modified":"2020-03-20T18:09:01","modified_gmt":"2020-03-20T18:09:01","slug":"us-tax-filing-deadline-pushed-to-july-15th","status":"publish","type":"post","link":"https:\/\/staging.betterhomeexperts.co\/?p=1110","title":{"rendered":"US Tax Filing Deadline Pushed to July 15th"},"content":{"rendered":"\n<p>As the coronavirus shakes the world\u2019s economic and financial markets and forces millions of people indoors, uncertainty is everywhere. Most analysts believe that unemployment levels could reach levels of 15% or higher and that we are inevitably headed for a recession. With that being the case, the Treasury and the White House decided to move the filing deadline for United States taxpayers to July 15th, 2020.<br><\/p>\n\n\n\n<p>The extra three months are needed to attempt to stabilize the economy, put cash in the hands of American workers, and to organize the government and manufacturing sector for an appropriate response to pandemic conditions. While up to twelve million people could find themselves unemployed in the short term, that number will eventually drop as the rate of inflation plateaus.<br><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/staging.betterhomeexperts.co\/wp-content\/uploads\/2020\/03\/tax-day-body-1024x512.jpg\" alt=\"\" class=\"wp-image-1112\" srcset=\"https:\/\/staging.betterhomeexperts.co\/wp-content\/uploads\/2020\/03\/tax-day-body-1024x512.jpg 1024w, https:\/\/staging.betterhomeexperts.co\/wp-content\/uploads\/2020\/03\/tax-day-body-300x150.jpg 300w, https:\/\/staging.betterhomeexperts.co\/wp-content\/uploads\/2020\/03\/tax-day-body-768x384.jpg 768w, https:\/\/staging.betterhomeexperts.co\/wp-content\/uploads\/2020\/03\/tax-day-body.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Treasury Secretary Steven Mnuchin said via Twitter that all individuals and businesses would have the opportunity to file later than normal without any sort of penalty or interest incurred. The move is expected to be especially helpful to small and medium businesses and those living paycheck to paycheck.<br><\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter aligncenter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">At <a href=\"https:\/\/twitter.com\/realDonaldTrump?ref_src=twsrc%5Etfw\">@realDonaldTrump<\/a>\u2019s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties.<\/p>&mdash; Steven Mnuchin (@stevenmnuchin1) <a href=\"https:\/\/twitter.com\/stevenmnuchin1\/status\/1241002750483324930?ref_src=twsrc%5Etfw\">March 20, 2020<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>It\u2019s worth noting that this change only applies to federal tax payments. The deadline for state taxes lies at the discretion of each governor, though some are being prompted to move back deadlines to alleviate the personal and economic suffering.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the coronavirus shakes the world\u2019s economic and financial markets and forces millions of people indoors, uncertainty is everywhere. Most analysts believe that unemployment levels could reach levels of 15% or higher and that we are inevitably headed for a recession. With that being the case, the Treasury and the White House decided to move [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1113,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-1110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.betterhomeexperts.co\/index.php?rest_route=\/wp\/v2\/posts\/1110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.betterhomeexperts.co\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.betterhomeexperts.co\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.betterhomeexperts.co\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.betterhomeexperts.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1110"}],"version-history":[{"count":0,"href":"https:\/\/staging.betterhomeexperts.co\/index.php?rest_route=\/wp\/v2\/posts\/1110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.betterhomeexperts.co\/index.php?rest_route=\/wp\/v2\/media\/1113"}],"wp:attachment":[{"href":"https:\/\/staging.betterhomeexperts.co\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.betterhomeexperts.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.betterhomeexperts.co\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}