Mnuchin Says Tax Due-Date May Be Extended Again
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Business
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University
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Practice Problem
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Hard
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The speaker discusses the possibility of postponing a date to September 15th, though no decision has been made yet. They reflect on a previous decision to delay, which was beneficial as it allowed people to access their accountants and information. Despite the challenges, tax returns and refunds are only down by 10% year over year. The speaker encourages Americans to file their tax returns, especially if they expect a refund, and mentions that the situation will be reviewed as the July date approaches.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What encouragement is given to Americans regarding filing their tax returns?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the significance of the July date mentioned in the context of tax returns?
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OFF
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