H. R. 1491, also known as the “Disaster Related Extension of Deadlines Act,” proposes changes to the Internal Revenue Code of 1986. The bill aims to extend certain tax deadlines when disasters, significant fires, terrorism, or military actions occur. Specifically, it would...
Simple Explanation
H. R. 1491 is a proposed rule that wants to give people more time to do their taxes if something big and bad, like a disaster or attack, makes it hard to do them on time. This means they could wait longer before they have to pay what they owe.