The Internal Revenue Service (IRS), has extended more deadlines to allow additional relief to taxpayers who have income tax returns due, or other filing and/or payment requirements that fall after April 1st and before July 15th. On April 9, 2020, the IRS issued Notice 2020-23 to amplify and supplement the prior filing and payment extensions.

The following taxpayers, who were supposed to file either after April 1st and before July 15th, now have a July 15th income tax filing and payment deadline:

Corporate and partnership income tax returns
Estate and Trust income tax returns
Estate Tax Returns (Form 706)
Exempt Organization business tax returns (990-T)
Private Foundation returns and excise tax payments (990-PF)
Quarterly estimated tax payments (for individuals and corporations) that were due April 15th and June 15th, are both extended to July 15th. Additionally, any time-sensitive deadlines, which includes IRS audits and US Tax Court filings, that happened after April 1st and before July 15th are extended to July 15, 2020. Any deadlines missed prior to April 1, 2020, are not covered by this extension of time to respond.

By: Martha L. Voelz, Esq.
Of Counsel, the Ciric Law Firm, PLLC

This material is for general information purposes only and should not be construed as legal advice or any other advice on any specific facts or circumstances. No one should act or refrain from acting based upon any information herein without seeking professional legal advice. The Ciric Law Firm, PLLC makes no warranties, representations, or claims of any kind concerning the content herein. The Ciric Law Firm, PLLC and the contributing presenters or authors expressly disclaim all liability to any person in respect of the consequences of anything done or not done in reliance upon the use of contents included herein.