If you’re dreading the April 15 tax deadline, you could have a good reason to procrastinate. The Trump administration is considering extending the deadline in an effort to deal with the economic fallout from the coronavirus.
Details have not yet been confirmed but it would mean that payments due could be extended without penalty. This would act as a bridge loan of sorts for those in need, although no information is available as to how to prove need. Likely, the government will offer the extension to everyone as we will all be impacted by the economic fallout.