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News Too Real: Host reviews extended deadline for filing taxes and new revisions due to COVID-19

News Too Real:  Host reviews extended deadline for filing taxes and new revisions due to COVID-19
Apr 7, 2021 · 2h 52s

Struggling to meet the April 15 tax filing deadline? Then take note of the IRS's new tax filing deadline of May 17 for individuals, the self-employed and for those who...

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Struggling to meet the April 15 tax filing deadline? Then take note of the IRS's new tax filing deadline of May 17 for individuals, the self-employed and for those who do not owe the IRS for past due tax payments.

In this episode of News Too Real, producer host, Julia Dudley Najieb addresses the recent changes for those filing their 2020 taxes; not only has the tax-deadline been extended, but the American Rescue Plan has instilled new provisions regarding the Earned Income Tax Credit where people can take out advanced payments for 2021 tax filing of Earned Income Tax Credit.

Also, people who have taken out unemployment insurance, IRA/ROTH IRA or early retirement have some leeway, safeguards and revisions with use of the "hardship" waiver, if qualified.

Finally, find out what to do if your tax information has been compromised, which may be the case for those victimized by the unemployment insurance fraud or other related tax-fraud issues.

Dudley Najieb features two experts during this episode, Ken Corbin, IRS Commissioner, Wage & Investment Division and Sue Simon IRS Director, Customer Assistance, Relationships and Education, Wage and Investment Division who explain everything a person needs to know about filing their taxes for 2020.
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