On Saturday March 21, 2020, the Treasury Department and IRS issued Notice 2020-18, which extended the filing deadline for federal income taxes to July 15, 2020. This extension for filing is also automatic and taxpayers need not have to file for an extension on their own to benefit from it.
Additionally, Notice 2020-18 supersedes Notice 2020-17. Under the Internal Revenue Manual (the official internal guidelines for the IRS) when guidance is superseded it simply does, “nothing more than restate the substance and situation of a previous publication.” IRM 18.104.22.168.1(7). So the relief granted in regards to federal income tax payments as mentioned in our prior blog post still applies. The relief outlined above only applies to federal income taxes, and not state or other federal tax deposits or payments (i.e. excise taxes). If you have any questions regarding Notice 2020-17, or any other federal, state, or local tax matters, contact D. Scott Robinson and L. Maverick Flowers at BHGR at 303-402-1600.
Author: L. Maverick Flowers
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