Westchester County Executive Wants To Delay County Tax Deadline

Sean Adams
April 02, 2020 - 6:54 pm

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WHITE PLAINS, N.Y. (WCBS 880) — Westchester County Executive George Latimer is looking to ease some financial burdens as the state continues to be ravaged by coronavirus.

On Thursday, Latimer said he has proposed an amendment that would move the due date for the county portion of residents’ property taxes from April 30 to July 15.

The extension would apply to anyone suffering an economic hardship due to layoffs or pay cuts amid the outbreak.

“If you have lost your job, if you have a business and you had to close the business and you are not getting revenue from that,” Latimer said. “Whatever the basis for your economic hardship is, you would simply insert it in the letter provided to the local tax office that you pay at, which would be the tow that you live in and that would be accepted as a sufficient reason to delay having to pay your taxes until July 15.”

July 15 is also the new deadline for Americans to file their income taxes with the Internal Revenue Service.

The county executive adds that the extension will waive late fees.

“What happens is, is normally if you don’t pay it on the due date, there is a penalty fee. It’s 2% for the first month, 5% in the second month – that starts to accumulate. It depends on how much you pay in taxes, but it could be a fairly substantial amount of money. With this provision, postponing it to July 15, you get a 75-day window to catch your breath,” he explains.

He hopes that during that 75-day grace period, the federal stimulus package will begin to kick in and people will be able to get financial help.

“If there is going to be robust financial assistance for people who have been unemployed, for businesses that have lost the ability to make a profit, that that money will kick in by then, and then you’ll be in a position to pay your taxes,” he said.

Any extension or modification of the tax deadline would require a change to county law. He plans to discuss his proposed changes with county lawmakers this week.

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