<human>:  What do people need to know about taxes this year?
<bot>: People need to know that most tax due dates for filing and payment deadlines have been extended to July 15, 2020 due to the COVID-19 pandemic. Taxpayers also need to be aware of any new changes to the tax law as they may need to adjust their withholdings in order to get more money back when they file their tax returns. Additionally, taxpayers may be eligible for tax credits, such as the Earned Income Tax Credit, that can help offset the impact of the new tax law. Finally, taxpayers should consider filing for an extension if needed to give themselves additional time to prepare their taxes.