March 23, 2020
Update on Tax Deadlines
The IRS has issued Notice 2020-17 Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic. https://www.irs.gov/pub/irs-drop/n-20-17.pdf
A summary of the key provisions of the notice are as follows:
In general, we anticipate advising most of our clients to take advantage of the deferral that is being offered under this relief provision. Also, we know that the AICPA as well as a number of congressional representatives are encouraging the IRS to provide additional relief by changing the actual tax return filing deadline from April 15 to July 15. At present, this has not occurred.
We will continue to monitor developments and will communicate them to you as we learn more. Sincerely,
Jeffrey L. Thomason, CPA | Chief Manager Watkins Uiberall, PLLC | Certified Public Accountants