IRS trying to keep up with new stimulus package changes

▤ Summary

PHOENIX — The extended tax filing deadline of May 17 is good news for a lot of taxpayers. H&R Block tells us they are "awaiting additional guidance from the IRS on how the unemployment exclusion will be implemented. As we have more information from the IRS, we will provide updates on the unemployment benefits section of our Coronavirus Resource Hub." Also, the department says no decision has been made about extending Arizonas tax filing deadline to match the federal extension date of May 17th. The IRS strongly urges taxpayers to not file amended returns related to the new legislative provisions or take other unnecessary steps at this time.

▦ Linked Companies