The IRS added some Frequently Asked Questions/Answers to its website to address some common questions related to the People’s First Initiative and the recent postponement of filing and payment dates. Important among these FAQs includes a confirmation that the due date for tax payments due for tax year 2019 has been extended to July 15th,
IRS and COVID-19
IRS’s New People First Initiative
In response to the growing impact that COVID-19 is having on our daily lives and economy, the IRS released its People First Initiative. This Initiative was released on March 25, 2020, and includes many taxpayer friendly provisions. As explained by the Tax Commissioner, this Initiative was designed to “provide immediate relief to help people facing uncertainty over taxes.”