IRS Reschedules Tax Deadline in Honor of Jimmy Carter Remembrance Day

Politics

1 year ago

News sources:

Credited from: NEWSWEEK

The IRS has announced a tax deadline extension to January 10, 2025, after President Biden declared January 9 as a day of national remembrance for Jimmy Carter.
AFailure to File penalty may apply if taxes or returns are not filed on time, accumulating 5% of unpaid taxes per month, not exceeding 25%.
The extension covers all federal income, payroll, or excise tax deposits originally due on January 9, 2025.
January 9 also marks Jimmy Carter's official state funeral, honoring the former president who passed away at age 100.
Federal government departments, including the IRS, will resume normal operations on January 10, 2025.

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