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Federal Government Providing Tax Relief in Light of COVID-19, Will New Jersey Follow?

Federal Government Providing Tax Relief in Light of COVID-19, Will New Jersey Follow?

Author: Frank L. BrunettiDate: March 25, 2020

The list of events postponed due to Coronavirus (COVID-19) now includes Tax Day. Given the number of businesses and individuals impacted by the pandemic, the federal income tax delay comes as welcome news.

On March 20, the Internal Revenue Service (IRS) announced that tax returns due April 15 will not have to be filed until July 15 this year. In addition, the upcoming April 15 deadline for making tax payments will also be postponed to July 15, 2020.

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