What Landlords Need to Know about the Tax Filing Extension
Due to the pandemic, May 17 is now the official federal tax day for individual taxpayers this year. Postponed from April 15, this new tax day provides a needed federal tax extension for many. If individuals need more time to complete their taxes, there’s nothing they have to do (like file a form) to qualify for the extension. It’s automatically available for them, and penalties and interest only apply after May 17.