Taxpayers get 90-day break on income tax bills in light of coronavirus


If March Madness can be canceled, no one should be shocked that the coronavirus crisis now is pushing back when you owe your tax bill.If you’re getting a tax refund, your best bet is to file the return as soon as you can and aim for that April 15 deadline.But if you owe money, take an extra look at what’s planned now to give relief to taxpayers during the coronavirus crisis.A three-month break for paying tax bills is part of the federal government’s plan to get the economy back on its feet.U.S. Treasury Secretary Steven Mnuchin discussed the extension Tuesday at a press conference.The Internal…

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