(Washington, DC) — Congressman Doug LaMalfa (R-Richvale) issued the following statement after sending a letter to Treasury Secretary Steven Mnuchin requesting that the tax payment deadline extension to July 15, announced March 18th, be applied to tax filling as well. By unifying the date for both filing and payment, the Department of Treasury can reduce confusion and provide the American taxpayer with some additional relief. The letter also requested the Treasury to:
- Coordinate with each state to align their tax deadlines with the Federal government in order to reduce complications that could arise due to differing deadlines;
- Lift the payment extension limits on individuals and corporations, respectively;
- Allow small businesses to withdraw from retirement accounts early without a penalty to provide them with additional money to stay open during this emergency.
LaMalfa said: “During this emergency, Americans should be focused on their family’s health – not complying with upcoming deadlines. I applaud Secretary Mnuchin’s work to give American’s financial relief, and I believe these additional requests are common sense changes that would reduce confusion for taxpayers. Additionally, I’m asking that the Treasury expand their relief by allowing small businesses to access additional money they may have set-aside without any penalties. Together, these proposals will reduce the burden on families and businesses while Congress discusses its next steps.”
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