Last week, because of its dreadful failure to keep up with tax filing season and pressure fromadvocacy organizations and members of Congress, the Internal Revenue Service (IRS) acted to move the deadline for filing and payment of federal income taxes from April 15 to May 17. Since then, the majority of states have conformed to this updated deadline. But several states have yet to follow suit, creating potential uncertainty for taxpayers over filing and paying their taxes effectively.
The rationale behind moving the Tax Day deadline this year appears to be less of a home runthan it was last year. Much of the need to move the deadline comes from the IRS failing to adequately prepare for this year’s tax season despite having an entire calendar year to make preparations, leaving taxpayer services shortchanged. Moving the Tax Day deadline is as much relief for the IRS as it is for taxpayers this year.
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