A second delay for Tax Day isn't entirely out of the picture. Treasury Secretary Steven Mnuchin told Bloomberg on Tuesday that a delay beyond July 15 is 'something we may consider.'
"It's a catch-22," said Joshua B. Standley, an enrolled agent with DKK Accounting in Duluth, Minnesota.
— pushing the deadline out too far could potentially affect year-end planning and the 2021 tax season. If your return is straightforward and you're expecting money back, get to it. The taxman distributed an average tax refund of $2,767 as of June 12, according to the IRS. You normally save in an HSA on a tax-deductible or pretax basis and have your money grow tax-free over time. If you use the proceeds to cover qualified medical costs, you can do so tax-free.
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