Treasury Secretary Steven Mnuchin said individuals will be able to delay paying up to $1 million in payments.
This is terrible, I make my Wife write that check to the IRS every year, I hope she isn’t disappointed
I’m very sure HR Block and Jackson Hewitt are very happy... I think this is a great idea.
This may have a devastating impact on those states with income tax (thank god I don’t), they’ll be pressure to match delayed tax deadline...
but high-tax states like NY, NJ and CA and others can eat it.