Trump Administration Considers <br />Tax Deadline Extension <br />Due to Coronavirus The April 15 tax deadline may be pushed back, <br />according to Treasury Secretary Steve Mnuchin. The extension is intended to help "small and medium-sized businesses and hard-working individuals" who have been affected the most <br />by the spread of the coronavirus. Steve Mnuchin, <br />via statement The final decision about the extension will be <br />made by President Trump and does not <br />require approval by Congress. The Treasury Department may need to <br />borrow money if tax payments are delayed. The IRS collected about $333 billion <br />in individual taxes in April 2019.
