The IRS will push its April 15 tax filing deadline to May 17, the agency and Treasury Department announced in a joint statement out Wednesday evening.
Why it matters: The decision comes after lawmakers have asked the agency to postpone the deadline due to "what is becoming one of the most complicated tax seasons in decades" due to the coronavirus pandemic, Bloomberg writes.
The state of play: "We must not minimize or trivialize the hardships of taxpayers and tax professionals or the urgent need for deferment from an arduous filing environment," the American Institute of CPAs wrote in a statement, per Fox Business.
