A bill being introduced means almost nothing. The vast majority of bills don't go anywhere.
As for any potential change to the due date, I don't see why. The IRS has already said they can handle the April 15th due date. If taxpayers want to wait longer, they can easily file a 6 month extension.
What makes the biggest difference is the P&I that would start to accrue from April 15 if the deadline is not postponed.
Personally, I don't see how the IRS can cope in spite of the latest statement that they are ready to "help taxpayers meet the April 15 deadline". Social distancing measures are also adding time to normal routine.
Still an AllStar
don't want a train wreck, but we have already pulled out of the station. 7 and 1/2 weeks left of season-forms not ready for another week or so--maryland changing up on us 4 days after e-filing started--don't think there are enough hours/days left for me to complete my normal number of returns, let alone the extras I am getting because the senior centers are closed here(baltimore county)
Don't forget all the filings done already for/by people with UI, and the Durbin bill is for making some of that 2020 unemployment nontaxable. There's never time to hurry up and wait, but there's going to be time to do it twice.
"Level Up" is a gaming function, not a real life function.