Due to the COVID-19 pandemic and all its surrounding circumstances, the IRS chose to shift the tax filing deadline. This essentially moved the usual filing date for 2019 taxes from April 15th to July 15th. Whether you owed taxes to the IRS or they owed you a refund for that year, the applicable deadline was still July 15th , giving all taxpayers a few extra months to get their affairs in order. However, now that that date has come and gone, some people may have filed their returns but not paid any amount owed. In addition, others may not have sent in their return at all, either waylaid by the pandemic or afraid of having to pay the IRS an amount that they cannot afford. No matter which category you fit into, it’s important to know that you still have options.
Now Is the Time to File
You must file your 2019 return, regardless of whether you owe taxes or not, now is the best time to file. Yes, you will face the penalties and other fees handed down by the IRS, but with the help of a Tax Professional, they will work with you. However, nothing can be done help you if you don’t file at all.