Treasury Extends Income Tax Filing Deadline to July 15, 2020 for “All Taxpayers and Businesses”

The Treasury Department will extend the deadline for filing income tax returns from April 15, 2020 to July 15, 2020. This brings the income tax filing deadline in line with the deadline for paying income tax, which was extended just days ago by IRS Notice 2020-17. The filing extension was announced in a tweet by Treasury Secretary Steven Mnuchin before noon today, Friday, March 20. According to Secretary Mnuchin, “[a]ll taxpayers and businesses will have this additional time to file and make payments without interest or penalties.” We expect more details soon.