Local Governments Are on Their Own for EIT Deadline Extension

After several weeks of internal review, the state Department of Community and Economic Development has determined that it lacks the legal authority to extend the statutory filing and payment deadline for the local earned income tax. Instead, it is directing local governments to consult with their solicitors on whether and how they might explore alternatives to waive interest and/or penalties for local tax filings and payments made after April 15 and on or before May 17, 2021, which is the extension date for filing federal and state taxes. A copy of the letter, which you should receive from DCED, can be found here.