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IRS Reschedules Tax Deadline in Honor of Jimmy Carter Remembrance Day

share-iconThursday, January 09 comment-icon1 week ago 9 views
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newsweekNEWSWEEK
IRS Reschedules Tax Deadline in Honor of Jimmy Carter Remembrance Day

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.

For the full article, visit Newsweek.

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