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Coronavirus: How the 2020 delayed 1040 due date will impact bankers

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As I write this, the IRS has agreed to a delay filing of the 1040 tax return and payment of  tax payments due on April 15th 2020 to July 15th 2020. This is relief due to the Coronavirus Pandemic. Many complicated borrower returns have been extended every year, such as those who are owners in a pass-...

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