With the tax deadline less than a month away and the economy still reeling and millions unemployed, the Treasury Department and the IRS should act now to extend the tax filing deadline to Oct. 15.

In late March, Treasury Secretary Steven Mnuchin, at the direction of President Trump, delayed Tax Day from April 15 to July 15. This move provided tax relief to millions of individual and business taxpayers and avoided imposing a $300 billion tax increase on the struggling economy.