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Tax help: Everything you need to file your taxes during quarantine - Business Insider

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Millions of us may suddenly have a lot of extra time on our hands

beyond April 15, neither the IRS nor the Trump administration has made any official announcement about tax relief for individual taxpayers or businesses.

In the meantime, employers nationwide are requesting that employees work from home, if their job allows it, and many states and cities are urging residents to stay indoors as events are canceled en masse and restaurants and bars close their doors indefinitely. Needless to say, millions of us may suddenly have a lot of extra time on our hands.

Whether Americans are granted additional time to file , anyone who isn't sick or directly impacted by the coronavirus should use a few hours of their newfound free time toIt may be tempting to put off filing in hopes that the IRS does extend the deadline, but if you're owed aRumor has it that the IRS may waive penalties and/or interest for those who owe taxes, but that only postpones your payment to a later date, and it's not easy to tell how long this financial downturn could last.

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