IRS Issues Tax Deadline Reminder To Millions
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources.
Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content.
The Internal Revenue Service (IRS) has issued a reminder to millions of U.S. taxpayers living and working abroad to file their 2024 federal income tax returns and pay any taxes due by June 16.
The extension applies to U.S. citizens and resident aliens outside the country, including dual citizens, offering them a two-month grace period after the regular April 15 deadline.
Why It Matters
All U.S. taxpayers, regardless of where they live, must report worldwide income to the IRS. That includes wages, interest, dividends and income from foreign sources. Accurate and timely filing is required to avoid interest, penalties, and the risk of missing out on available tax credits such as the foreign earned income exclusion.
File photo: the Internal Revenue Service Headquarters (IRS) building is seen in Washington.
File photo: the Internal Revenue Service Headquarters (IRS) building is seen in Washington.
J. David Ake/AP
What To Know
U.S. citizens or resident aliens whose residence and main place of business or post of duty is outside the U.S. and Puerto Rico, as well as members of the military on duty abroad, qualify for the automatic two-month extension—shifting their filing deadline from April 15 to June 16, 2025.
Taxpayers unable to file by June 16 can request an additional extension to October 15, 2025. This extension is limited to filing—not to payment. Interest will accrue on any unpaid taxes starting from April 15, 2025.
Electronic extension requests can be submitted through IRS systems, and Form 4868 is available for those unable to file online. Businesses should use Form 7004 for extensions, and can get a six-month extension.
The fastest payment options include IRS Online Account, IRS Direct Pay, and the Electronic Federal Tax Payment System (EFTPS).
U.S. taxpayers without a domestic bank account can transfer payments directly to the IRS. Debit and credit cards, as well as digital wallets, are also accepted and may include service fees.
Individuals affected by the ongoing conflict in Israel, or with residences or businesses in Israel, Gaza, or the West Bank, have their federal filing and payment deadline extended to September 30, 2025.
Military personnel on duty in combat zones may also qualify for automatic extensions.
Taxpayers with foreign financial accounts holding more than $10,000 at any point during 2024 must submit Form 114 (FBAR) electronically to the Treasury Department's Financial Crimes Enforcement Network.
The initial deadline was April 15, 2025, with an automatic extension to October 15, 2025, for those who missed the first date.
What People Are Saying
Jay A. Soled, professor and chair of the Department of Accounting and Information Systems at Rutgers Business School, New Jersey, previously told Newsweek: "Even with the tax-filing extension, interest will apply to any 2024 tax payments received after April 15. This means that unpaid tax-year 2024 tax balances will begin accruing interest, currently at the rate of seven percent per year, compounded daily, after April 15, 2025."
Commenting on why individuals working and living abroad have a two-month filing extension, Soled said it was "undoubtedly a relic of a bygone era when it was difficult for those living overseas to receive third-party information returns."
He added that "in light of current technological developments, Congress would be wise to eliminate this exception."
Richard D. Pomp, professor of law at the UConn Law School, Connecticut, previously told Newsweek, while discussing why individuals working and living abroad have a two-month filing extension: "The extension is a very old rule that predates the digital economy. Correspondence in those early days took place by mail and the time it took for mail to go back and forth across the ocean could lead to delays that taxpayers living in the country did not experience. In the digital economy, things are far more efficient and the rule is probably unduly generous."
He added: "We are currently living through a total state of chaos at the IRS. Whenever possible, taxpayers abroad should file electronically and verify with screen shots and saved files, and copies of all documentation.
What Happens Next
U.S. taxpayers abroad have until June 16, 2025, to file their returns and pay taxes due for 2024, with eligible individuals able to seek additional extensions or payment arrangements if they are unable to meet this deadline.
Taxpayers affected by the Israel-Hamas conflict or stationed in combat zones should review specific guidance and utilize all available IRS resources for support.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
39 minutes ago
- Associated Press
Protection Tax Helps Clients Resolve Unfiled Returns Before IRS Action Escalates
Protection Tax helps clients file missing returns, reduce risk, and restore compliance using transcripts, deductions, and verified financial records. NASHVILLE, TN, UNITED STATES, June 7, 2025 / / -- With IRS enforcement efforts increasing, individuals and business owners with unfiled tax returns are turning to Protection Tax services to avoid penalties, interest, and legal consequences. The Protection Tax unfiled returns program is designed to help clients get back into compliance through structured filings and verified documentation. Protection Tax clients facing years of missed filings can receive assistance gathering wage records, reconstructing income, and resolving gaps in their IRS history. Each case begins with a full transcript review, allowing the Protection Tax intake team to identify exactly which years need attention — and which ones the IRS has already flagged. The Protection Tax compliance process ensures that returns are filed accurately, using allowable deductions, substantiated expenses, and a review of prior IRS actions. Once returns are submitted, Protection Tax professionals continue to monitor the file for enforcement risks such as audits, levies, or balance updates. For clients who owe after filing, the Protection Tax resolution team evaluates options such as payment plans, hardship status, or settlement offers — all based on verified financial documentation. This two-step approach (filing plus resolution) helps clients avoid the mistake of addressing tax debt without first correcting the root issue: non-filing. Unfiled returns can trigger substitute filings by the IRS, known as SFRs, which often exaggerate tax liability. The Protection Tax filing protocol helps replace these with proper returns, reducing liability and restoring the client's legal standing. Protection Tax LLC Protection Tax +1 855-225-1040 email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Newsweek
an hour ago
- Newsweek
Grocery Outlet Sued Over False Savings, 'Fictitious' Price Comparisons
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Grocery Outlet, a discount supermarket chain known for its "Bargain Market" branding, is facing a class-action lawsuit in Oregon over allegations of deceptive pricing practices. Newsweek contacted Grocery Outlet for comment via email outside of usual working hours on Saturday. Why It Matters Grocery Outlet Inc. is a California corporation that does business in Oregon through its branded grocery outlet locations. Since 1971, Oregon law has protected consumers from the use of unfair and deceptive reference pricing practices. The lawsuit, as reported by Grocery Dive, was filed in Multnomah County Circuit Court on Monday and claims that the retailer systematically used fabricated "elsewhere" prices to create the illusion of significant savings, violating Oregon's Unlawful Trade Practices Act. "This putative class action arises from a widespread and coordinated scheme by Grocery Outlet Inc. and its affiliated Oregon operators to mislead consumers through the use of fictitious 'elsewhere' pricing," the lawsuit states. "Defendants systematically advertised grocery items with inflated or fabricated reference prices—purportedly representing competitor pricing—without identifying the source of those comparisons, as required by Oregon law," the lawsuit adds. "These deceptive practices created the illusion of significant savings," the filing continued, "when, in fact, consumers often paid the same or more than they would have at other local retailers." The lawsuit claims that Grocery Outlet's pricing strategy violates "multiple provisions of Oregon's Unlawful Trade Practices Act and related regulations, including prohibitions against false or misleading price comparisons and requirements for transparency in advertising discounts." File photo: The exterior of a Grocery Outlet store is seen on February 25, 2025 in San Rafael, California. File photo: The exterior of a Grocery Outlet store is seen on February 25, 2025 in San Rafael, To Know The complaint has been brought by three Oregon consumers, named as Schearon Stewart, John Franz, and Roger Sullivan, and represented by OCJ Law, P.C., in partnership with Oregon Consumer Justice. The complaint alleges that Grocery Outlet advertised inflated or fictitious reference prices without identifying the source of those comparisons, as required by Oregon law. In some instances, the lawsuit claims that the "elsewhere" prices cited by the retailer were higher than the actual prices offered by nearby competitors. The filing alleges that "the violations are rampant within the stores," citing as an example: "Tide pods at Grocery Outlet in King City are sold for $12.99 with a stated 'elsewhere' price of $18.99." However, the lawsuit cites that "there is no competitor in the same geographic area called 'elsewhere' and the reference price use of that term is prohibited by Oregon law. "Second, a survey of the grocery stores in the same geographic area shows the actual prices of that same product never approached $18.99. Instead, at the nearest competitors it was priced for $12.99 (Fred Meyers) and $12.97 (Walmart)." File photos: One of the "elsewhere" signs named in the lawsuit is seen on display; and the exterior of Grocery Outlet in Salem, Oregon. File photos: One of the "elsewhere" signs named in the lawsuit is seen on display; and the exterior of Grocery Outlet in Salem, Oregon. Lawsuit/ Google street view/Lawsuit/ Google street view "These deceptive practices created the illusion of significant savings, when in fact, consumers often paid the same or more than they would have at other local retailers," the lawsuit alleges, as reported by Supermarket News. Law firm Tycko & Zavareei LLP said that the lawsuit seeks injunctive and equitable relief to stop the alleged unlawful conduct and hold Grocery Outlet accountable. Plaintiffs intend to amend the complaint to seek monetary damages on behalf of the class after the statutory notice period under Oregon law has expired. What People Are Saying F. Peter Silva II, attorney at Tycko & Zavareei LLP, said: "This case is about fairness and transparency. Oregon law is clear: if you advertise a discount, you must be honest about where that comparison comes from. Grocery Outlet's use of vague and unverifiable 'elsewhere' prices deprived consumers of the ability to make informed purchasing decisions and unfairly competed with other businesses." What Happens Next The lawsuit states the plaintiffs, "representing a class of similarly situated Oregon consumers, seek injunctive and equitable relief to halt these practices and hold Defendants accountable for the financial harm caused by their unlawful conduct." The case adds to Grocery Outlet's legal troubles, as the company is dealing with a separate lawsuit, filed earlier this year, relating to security fraud. The lawsuit is the latest in a series targeting grocers over their pricing and promotional tactics. Last year, as reported by Grocery Dive, Albertsons agreed to a $3.9 million settlement following a civil complaint that claimed the retailer unlawfully overcharged customers. More recently, Publix was hit with a class-action lawsuit alleging it overcharged shoppers for discounted items sold by weight, including meats, cheeses, and deli products.
Newsweek
6 hours ago
- Newsweek
US Close to High-Speed Rail Breakthrough
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. When the great and the good of the American high speed rail industry gathered in Washington, D.C. over May 13-15 for the U.S. High Speed Rail Association's (USHSR) 2025 annual conference, there was tremendous excitement tinged with anxiety. Several attendees told Newsweek they believe the U.S. could be on the verge of a high-speed rail breakthrough, setting the stage for the kind of comprehensive national system enjoyed in the likes of China, Japan and Western Europe. Ray LaHood, a Republican who served as Transportation Secretary under President Obama from 2009 to 2013, said if one of the two high-speed rail lines currently under construction is completed, it will prove "wildly popular" and boost support for high-speed rail across the nation. Other insiders agreed, but argued permitting reform and more explicit federal support will be needed first. There has been concern over the Trump administration's attitude toward high-speed rail. The conference took place one month after Transportation Secretary Sean P. Duffy announced $63.9 million in funding for a proposed Dallas to Houston route had been scrapped, and amid rumors that the California High Speed Rail line under construction between Los Angeles and San Francisco could lose federal support. This week, Duffy said there is "no viable path" to complete California High Speed Rail on time or on budget and warned the federal government could pull billions in funding. State of U.S. High-Speed Rail At present there aren't any high-speed rail networks—defined by the International Union of Railways (UIC) as operating at a minimum of 250 kilometers per hour (155 miles per hour) along specially built tracks—that are operational in the U.S. This compares unfavorably with the likes of Spain, Japan and France, which have around 2,460 miles, 1,830 miles and 1,740 miles of track respectively currently in use. Former Transportation Secretary Ray LaHood predicted the first high-speed rail line in the U.S. will be "wildly popular." Former Transportation Secretary Ray LaHood predicted the first high-speed rail line in the U.S. will be "wildly popular." Photo-illustration by Newsweek/Getty/Canva Most impressively, China, the chief geopolitical rival of the U.S., has gone from having virtually no high-speed rail lines to nearly 30,000 miles over the past couple of decades. Construction is currently underway on two high-speed rail lines in the U.S.—Brightline West, which will connect Las Vegas to Southern California, and California High Speed Rail between Los Angeles and San Francisco. A range of other projects have been proposed around the country, including plans to link Boston, New York and Washington, D.C. in the Northeast; Dallas, Houston and Fort Worth in Texas; and Chicago to East St. Louis in Illinois. Obstacles When asked why the U.S. had failed to build a high-speed network comparable to other advanced economies, industry experts told Newsweek there are major issues with permitting, financing and cross-party political support. California High Speed Rail has sparked particular controversy, with its cost ballooning from $34 billion to over $128 billion, while the completion date has been pushed back. Terry Hynes, an attorney specializing in rail infrastructure projects, argued planning issues in particular have bottled up capital investment. He is currently part of a team investigating how the permitting process could be sped up for USHSR. Addressing Newsweek, he said: "I've been in the business 46 years, making railroads, and I've been frustrated as hell representing the high-speed just takes forever. And there's private money that could be brought in. Wall Street's got a lot of money looking for infrastructure investments. "This is a wonderful infrastructure investment, the trouble is they see those permitting times. Eight years for environmental review, then you build for four years and in year 13 you're finally going to see some money. Nobody's going to invest in that." Former Obama era Transportation Secretary Ray LaHood speaking at the U.S. High Speed Rail Association's 2025 annual conference. Former Obama era Transportation Secretary Ray LaHood speaking at the U.S. High Speed Rail Association's 2025 annual conference. James Bickerton/Newsweek Hynes added: "The biggest issue to my mind is this permitting issue. The review period takes so long, the cost goes up and the more expensive it is for people doing a cost-benefit analysis, the analyses looks less beneficial." Brandon Wheeler, a senior program manager at the North Central Texas Council of Governments, a local government-based voluntary association, said a lack of national leadership has undermined high-speed rail construction across the U.S. Speaking to Newsweek, he said: "We don't have a national single point of leadership on that single point of leadership it really is a little bit hopscotch and we're making the best we can of it. "Until there is, like the interstate highway system, there's a national vision to create and you have a vision around the ability to move military and goods and those kinds of things. Until our airports get bad enough, until our roads get bad enough, until people have this massive outcry and we're able to concentrate them on something, we're going to have to find what that single vision is to rally around or we will fall behind the rest of the world." LaHood agreed, saying: "I think the success of these projects in Europe and Asia is largely due to the national government making investments but then encouraging the private sector. Once the national government makes a commitment, it's easier for the private sector then—they know it's going to be a stable project, they know their investment is going to be good." If You Build It They Will Come In 2023, Brightline, the first privately built rail line in the U.S. to open in nearly a century, began operations between Miami and Orlando in Florida and has since seen passenger numbers surge. While Brightline runs below the high-speed standard, LaHood said it showed Americans are ready to embrace new rail networks, and argued one successful project in the U.S. could turbocharge the whole industry. "If you look at the Brightline project in is wildly popular," he said. "They're putting more and more trains on that track every day because people like the idea that they don't have to get on the I95 and they don't have to travel on highways that are crowded with big trucks and cars... The U.S. High Speed Rail Association's 2025 annual conference in Washington, D.C. The U.S. High Speed Rail Association's 2025 annual conference in Washington, D.C. James Bickerton/Newsweek "If you build it they will come, if you build it it will be successful and I think that will be the case with Brightline West, Las Vegas to L.A., and I think it will be true San Francisco to L.A. I think they will be wildly popular. I really believe at this point if you build it they will come and the proof of that is Europe and Asia—their trains are wildly popular." Speaking to Newsweek, Portland Mayor Keith Wilson, who is advocating for a "Cascadia" high-speed rail line linking the city to Seattle in Washington and Vancouver in British Columbia, said: "Our system continues to be compacted and stagnant. "The great cities from around the world are all tending to go towards high-speed rail and we need an opportunity to unlock our economic renaissance, which is what's missing in our country right now, and high-speed rail would move us forward and get us completing again with the world." Trust Fund A number of industry insiders told Newsweek the formation of a federal government trust fund could provide the financial muscle for a major U.S. high-speed rail expansion. Asked what one development would most speed up U.S. high-speed rail, Jim Derwinski, executive director of Chicago rail system Metra, replied: "A trust fund so it's national, it's bipartisan so it doesn't change from administration to administration and it can be supported through the states as a national effort. "If you're going to build something, to compare it to Europe and Asia right now, it's got to have a national campaign right now." Arthur Sohikian is executive director of High Desert Corridor, a proposed high-speed rail line that would link Brightline West to the California High Speed Rail line. He expressed a similar view to Derwinski, telling Newsweek: "We have to energize the public to make that been trying to get a trust fund for rail since I started my career, it seems. "For whatever reason why the politicians won't grab onto that and won't do that, especially when you realize the Highway Trust Fund keeps diminishing as cars get more efficient, we're paying less in gas taxes, that fund is have to invest in this infrastructure as a nation, and until that happens, seriously, we're all going to be trying to do our little pieces." The U.S. High Speed Rail Association paid travel and hotel expenses for Newsweek reporter James Bickerton to attend its 2025 annual conference.
