Mnuchin Says Tax Due-Date May Be Extended Again

Mnuchin Says Tax Due-Date May Be Extended Again

Assessment

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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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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker considering regarding the date change?

Keeping it as it is

Canceling it altogether

Advancing it to August 1st

Postponing it to September 15th

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the speaker believe the previous postponement was the right decision?

It reduced the number of tax returns

It increased tax revenue

It helped people access their accountants

It allowed more time for tax preparation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage decrease in filed returns and refunds does the speaker report?

20%

15%

10%

5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker encourage Americans to do if they expect a refund?

Wait until the last minute

File their tax returns promptly

Consult a financial advisor

Ignore the filing deadline

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's plan as the July date approaches?

To carefully monitor the situation

To ignore any changes

To announce a new date

To finalize all tax returns