Tax Day Arrival During Covid-19 Leaves Many People Unable to Pay

Tax Day in a normal year can be stressful for people who owe the government money.

But with the deadline finally at hand, many individuals and businesses are caught in a bind they can no longer put off. Even filing for an extension requires paying the estimated amount of tax owed from 2019, and they may not have the money because of jobs or income lost during the Covid-19 pandemic.

More than a third of taxpayers surveyed in May by audit defense company TaxAudit said they didn’t have the resources to pay 2019 taxes owed, despite having an ...