In response to severe storms, flooding, and landslides affecting Washington state since December, the IRS has extended the tax filing deadline to August 15, 2026 for individuals and businesses in designated disaster areas. Originally set for May 1, this extension provides much-needed relief to residents managing the aftermath of these disasters. Eligible taxpayers will automatically receive filing and payment extensions without needing to take additional steps. Furthermore, contributions to Individual Retirement Accounts (IRAs) and Health Savings Accounts (HSAs) for the year 2025 will also be extended. The IRS has indicated that any penalties for late filing may be waived for those who qualify, advising affected individuals to contact the IRS if they receive a penalty notice. Meanwhile, a national survey reveals that Americans expect an average tax refund of $1,700 in 2026, with most planning to use these funds for essential expenses such as rent, groceries, and debt payments.