To soften the pandemic’s economic blow, extend 2019 tax year through June

Many working people are ­expecting greatly reduced or no wages in 2020. The US Treasury wisely extended the tax-payment deadline to July, but that only solved half the problem. Now, millions of households and small businesses will owe taxes on their 2019 income at exactly the time when they can least afford it: when the...

from New York Post https://ift.tt/2Sd43ev