Feds propose extending 2020 tax deadline as coronavirus relief measure

Treasury Secretary Steven Mnuchin told Congress Wednesday that he is considering to extend the April 15 federal tax deadline, and provide ’substantial relief to certain taxpayers’, a move Mnuchin said would inject the equivalent of $200 billion into the US economy. Mnuchin also said that the government should pick up the costs for small and medium businesses whose workers have to self-quarantine.