The U.S. government will postpone the April 15 tax payment deadline for millions of tax payers, giving Americans another 90 days to pay their 2019 income tax bills in an unprecedented move.
The IRS made the decision using authority under President Donald Trump’s national emergency declaration.
It will waive interest and penalties as well, Treasury Secretary Steven Mnuchin said at the White House Tuesday.
The delay is available to people who owe $1 million or less and corporations that owe $10 million or less, he said.
