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Tax Day warning: What a weaker IRS could mean for your wallet

Posted

April 15, 2026

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The Hill's Drew Petrimoulx spoke with Professor Natasha Sarin, co-founder and president of the Budget Lab at Yale, on what an underfunded IRS means for your wallet.

The federal tax filing deadline is April 15, but taxpayers who need more time can avoid penalties by requesting an extension.

It’s a straightforward process that gives filers an extra six months, until October 15, to submit their return without penalties, as long as the extension is filed by the end of April 15.

#irs #trump #doge #taxday #taxes

Guests & Subjects Covered

Tax Day warningThe Hill's Drew PetrimoulxProfessor Natasha SarinBudget Lab

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Tax Day warning: What a weaker IRS could mean for your wallet · The Hill · Sentinel