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CHICAGO - NOVEMBER 1: Current federal tax forms are distributed at the offices of the Internal Revenue Service November 1, 2005 in Chicago, Illinois. A presidential panel today recommended a complete overhaul of virtually every tax law for individuals and businesses. (Photo Illustration by Scott Olson/Getty Images)

he IRS is not extending the tax filing deadline again.

That means get ready to pay your taxes. The tax agency announced yesterday that returns are due by the extension deadline of July 15th. If you owe money and can’t pay, the good news is there are options.

One way is to file for an automatic extension until October 15th if they won’t be able to meet the July 15th deadline. The traditional April 15th deadline was pushed back because of the coronavirus outbreak.

Source: Forbes