The Internal Revenue Service (IRS) has issued a statement urging millions of taxpayers to delay filing their taxes for the upcoming tax season. This comes after the IRS announced that it was extending the tax filing and payment deadline until May 17th, 2021, due to the ongoing COVID-19 pandemic.
The IRS is asking that taxpayers who have already filed their taxes wait a few weeks before filing again in order to allow the IRS to process the initial batch of returns. This delay will also give the IRS time to make sure all tax returns are accurate and to fix any potential errors.
The IRS also urges taxpayers who have not yet filed their taxes to wait a few weeks before doing so. This will help to ensure that the IRS is not overwhelmed with too many tax returns at once, which could lead to errors and delays in processing returns.
Furthermore, the IRS is suggesting that taxpayers take advantage of the extended filing deadline to make sure they have all the necessary information and documents in order to file their taxes accurately. This includes any receipts, statements, or other documents that may be needed to file taxes. Taxpayers should also make sure to review their tax situation before filing in order to ensure that they are taking advantage of all deductions and credits for which they are eligible.
Finally, the IRS is warning taxpayers to watch out for potential scams that could arise as a result of the extended filing deadline. Taxpayers should be especially wary of solicitations or requests for personal or financial information that are sent via email or text message.
In conclusion, the IRS is urging millions of taxpayers to delay filing their taxes until the extended deadline of May 17th, 2021 in order to allow the IRS to process the initial batch of returns and to make sure all tax returns are accurate. Taxpayers should also take advantage of the extended deadline to make sure they have all the necessary information and documents in order to file their taxes accurately before filing. Finally, taxpayers should be on the lookout for potential scams related to the extended filing deadline.