White House Postpones Tax Payments for 90 Days for Most Americans

President Donald Trump addresses his administration's daily coronavirus briefing at the White House in Washington, on March 17, 2020. Reuters/Jonathan Ernst

Treasury Secretary Steven Mnuchin announced that the tax payment deadline for most Americans has been extended by 90 days amid the coronavirus epidemic.

The Internal Revenue Service (IRS) has postponed the filing date to July 15, instead of April 15. Mnuchin said the reprieve would cover a number of small businesses.