ECONOMY

Tax Day arrives; extensions urged, Mississippi granted delay

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Montgomery, Ala. Taxpayers across multiple states faced the April 15 federal filing and payment deadline this week as local CPAs and tax professionals urged those not ready to submit complete 2025 returns to file extensions before the cutoff. Experts in Montgomery, Charleston, Jackson and Orlando stressed that filing an extension avoids failure-to-file penalties but does not postpone payment obligations. Jackson, Miss. received additional relief this week when the IRS announced an extension to June 8, 2026, for taxpayers in all 82 storm-affected Mississippi counties to file and pay federal taxes; state filing deadlines remain unchanged. CPAs advised submitting extensions electronically where possible, paying estimated balances by April 15 to reduce interest and penalties, and avoiding mailed submissions on high-volume days to prevent processing delays.

Prepared by Christopher Adams and reviewed by editorial team.

Timeline of Events

Federal tax filing/payment deadline set for April 15 for most taxpayers.
Local CPAs and tax instructors advise filing extensions if returns are not ready.
Tax experts recommend electronic submissions to avoid mail-processing delays on Tax Day.
IRS announces extension to June 8, 2026 for all 82 Mississippi counties affected by a severe winter storm.
Tax professionals reiterate that extensions apply to filing paperwork only and payments remain due by the original deadline.

News Intelligence

Tax Day can be stressful. If you're not ready, file an extension to avoid penalties. But remember, it doesn't delay payment. If you're in storm-hit Mississippi, you have until June
Check with your local CPA for the best approach.