On April 9, the IRS released Notice 2020-23 expanding tax deadline relief to additional returns, tax payments, and other actions. As a result, the deadline postponement to July 15 generally now applies to all taxpayers that have a filing or payment deadline falling on or after April 1, 2020 and before July 15, 2020. Individuals, trusts, estates, corporations and other non-corporate tax filers qualify for the extra time.
Notably, the Notice also extends relief to estimated tax payments due June 15, 2020. Any individual or corporation that has a quarterly estimated tax payment due on or after April 1, 2020 and before July 15, 2020 can wait until July 15 to make that payment, without penalty.
Please reach out to your blum professional for questions regarding any of your specific filings.
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