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 Under the Internal Revenue Manual (the official internal guidelines for the IRS) when guidance is superseded it simply does, “nothing more than restate the substance and situation of a previous publication.”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 188.8.131.52.1(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
Readers of this article should contact an attorney to obtain advice with respect to any particular legal matter. No reader, user, or browser of this site should act or refrain from acting on the basis of information on this site without first seeking legal advice from counsel in the relevant jurisdiction. Only your individual attorney can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client relationship between the reader, user, or browser and website authors, contributors, contributing law firms, or committee members and their respective employers