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The Case for Extending the Tax Deadline

 

The shaky start to this year’s filing season should be addressed by extending the filing deadline for one month, according to Andrew Moylan, executive vice president of the National Taxpayers Union Foundation. “The timing of the government shutdown, combined with its historic length, left the IRS in a scramble to work through a significant backlog of preparations for a busy filing season,” he said. “Despite their efforts, the shutdown left taxpayers and practitioners without adequate support to determine legal obligations, as service centers went unstaffed and many forms were not yet finalized.” Read more at Accounting Today.