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Treasury Secretary Mulling Another Tax Deadline Extensions On Top of First

As CPA firms push to finish their work before the new July 15 tax deadline, which had been extended from April due to the pandemic, Treasury Secretary Steve Mnuchin said he is pondering possibly pushing the deadline back even further, according to Bloomberg. He said he has not made any definitive plans, with the idea still basically being something he seems to be turning over in his head so far, but he noted that doing so might serve to further stimulate the economy. He said that moving the tax deadline from April to July injected some $300 billion into the economy.