ALERT: IRS Filing Relief; deadline extended to July 15
Friday, March 20, 2020
Posted by: Ann Lupo
IRS Notice 2020-18
On March 18, 2020, the Department of the Treasury and the Internal Revenue Service issued Notice 2020-17 providing relief under section 7508A(a) of the Code, which postponed the due date for certain Federal income tax payments from April 15, 2020 until July 15, 2020. This notice restates and expands upon the relief provided in Notice 2020-17. This Notice supersedes Notice 2020-17.
For an Affected Taxpayer, the due date for filing Federal income tax returns and making Federal income tax payments due April 15, 2020, is automatically postponed to July 15, 2020. Affected Taxpayers do not have to file Forms 4868 or 7004. There is no limitation on the amount of the payment that may be postponed.
Taxpayer Assistance Center Closure Statement
In response to the national emergency, the IRS has temporarily closed all Taxpayer Assistance Centers and discontinue face-to-face service throughout the country until further notice.
The IRS is continuing to process tax returns, issue refunds and help taxpayers to the greatest extent possible. Taxpayers are highly encouraged to go to IRS.gov and to the newly created IRS.gov/coronavirus webpage where they can find the latest updates about IRS services.
AICPA State Tax Filing Relief Chart for Coronavirus
States are providing tax filing relief for individuals and businesses. Check out the latest developments on state tax filings related to coronavirus.
LCPA's COVID-19 Resource page has a link to the AICPA Resource Center which includes the state tax filing chart. The chart is currently being updated daily by AICPA so check back often to see what states have added relief.
Louisiana Department of Revenue (LDR)
The LCPA Advocacy Team continues to communicate with the Louisiana Department of Revenue (LDR) regarding 4/15 estimated tax payments and income tax extension relief. We will provide an update when any official guidance is issued by LDR.
Questions about the content of this Alert should be directed to LCPA State Government Relations Director Linda Babin.