IRS Grants Broad Relief on Due Dates
The IRS just released Notice 2020-23 to extend more tax deadlines for individuals and businesses.  

The relief covers taxpayers that have a filing or payment deadline between April 1 and July 15, 2020. It applies to fiscal year entities, estate tax returns, nonprofit organizations, information returns and more.  

In addition, the deadline for second quarter estimated tax payments has been moved from June 15 to July 15, and the relief is automatic so taxpayers don’t need to file any extension forms to get the relief.

The NMSCPA has sent numerous requests urging Treasury Sec. Mnuchin to grant and expand tax-related relief to all types of returns and payments.