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Last week, the Treasury Department and the Internal Revenue Service (IRS) announced that the filing deadline for certain returns has been extended from April 15, 2020 to July 15, 2020 (Notice 2020-18) and they also provided some payment relief in response to the COVID-19 national emergency. Although this is an ever-evolving and fluid situation, for the time being the Treasury
Treasury Secretary announced today that the IRS’ tax filing deadline has been extended to July 15th. This will be welcome news to not only taxpayers but the tax practitioners who were under the gun to get tax returns filed by April 15th in this tumultuous and uncertain environment resulting from the coronavirus outbreak. With this new change, both the tax