H.R. 1491, titled the "Disaster Related Extension of Deadlines Act," aims to update the Internal Revenue Code of 1986. This bill allows for the extension of certain tax deadlines when disasters occur, making these extensions applicable to the limitations on tax credits or...
Simple Explanation
If something bad happens, like a disaster, this bill helps people by giving them more time to do their taxes, and makes sure the rules about getting tax money back are fair during these times too.