A CPA's Guide to the New Later Tax-Filing Deadline

Wondering how the July 15, 2020, extended tax-filing deadline affects you and how to make the most of it? Check out this FAQ with CPA Riley Adams.

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April 15 has become synonymous with tax-filing day ... but not this year. Due to coronavirus concerns, the IRS has decided to give taxpayers until July 15 to safely complete their returns and file them.

The announcement, made on March 20 via Twitter by Treasury Secretary Steven Mnuchin, doesn't have all the blanks filled in yet. But this is what we know so far:

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Owner, WealthUp

Riley Adams, CPA, is originally from New Orleans but now lives in the San Francisco Bay Area, where he works as a senior financial analyst at Google. He is also the founder of WealthUp, a personal finance website where people of all ages can learn about money, discover their financial selves, and develop the skills they need to grow their nest egg.