The U.S. Postal Service said Wednesday that it will end Saturday delivery of letters, magazines and circulars starting in August, but will continue to deliver packages, in an effort to cut costs.
The Postal Service expects to generate cost savings of approximately $2 billion annually once the plan for five-day mail delivery and six-day package delivery is fully implemented. The move could have an impact on accountants and their clients who need to receive letters and forms on Saturdays in time to meet deadlines.
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