Donald Trump Announces Tax Deadline Delay For People Who Have Been Hit By The Coronavirus Outbreak
The new coronavirus is turning the whole world upside down. A lot of people had high hopes for 2020, we all did, but what's been happening all over the world triggers a massive disaster healthwise and also for the global economy.
Each nation is trying to deal with the coronavirus in their own way, and the US President Donald Trump has already made some announcements about the decisions he took to the country.
The Shade Room addressed the latest decisions. Trump announced a tax deadline delay for the ones who are impacted due to the coronavirus disaster.
There's a mass hysteria surrounding this issue, and people are overwhelmed by fear and confusion as to how to live life these days. No one knows exactly who this will impact people.
'One of the most normal things to do this time of year is to file income taxes—but Trump recently announced that the IRS tax deadline would be delayed for those impacted by the virus,' TSR posted.
According to the USA Today, as cited by TSR, taxpayers especially the ones who have been impacted the most due to the coronavirus, 'won’t have to file their taxes by the April 15th deadline as part of the Trump administration’s efforts to lessen the economic hardships caused by the coronavirus.'
Trump stated, 'I will be instructing the Treasury Department to defer tax payments without interest or penalties for certain individuals and businesses negatively impacted.'
Trump did not exactly say who would be receiving the tax filing extension or for how long this would be in place.
People are truly shocked these days.
Somoene said: 'All because China wants to eat everything alive 😒😔' and another follower joked: 'dear president can you stop us from paying rent and mortgage until the coronavirus has ended. 😅🙃'
One other commenter said: 'I must say, I’ve never had a year start like 2020... it’s like everything happening doesn’t directly affect me YET it does at the same time. This year has been crazy.'