Mnuchin Says He May Consider Second Tax Due-Date Extension

Treasury Secretary Steven Mnuchin said he may consider a second extension in the U.S. tax filing deadline as the coronavirus pandemic continues.

“It’s something I’m thinking about,” he said Tuesday during a Bloomberg Invest Global virtual event. “As of now I’m not intending on doing that, but it’s something we may consider.”

WATCH: Treasury Secretary Steven Mnuchin says he may consider a second extension in the U.S. tax filing deadline as the coronavirus pandemic continues.

(Source: Bloomberg)

The delay would give taxpayers additional time to file their tax returns and pay any balances due. The Internal Revenue Service in March extended the April 15 tax deadline to July 15. Mnuchin could extend the due date administratively, meaning he wouldn’t need Congress to approve the ...