{"id":"AGY-FED-FINANCIAL-082","kind":"order","level":"federal","jurisdiction":"United States; Department of the Treasury and Internal Revenue Service (federal)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"Internal Revenue Service (Treasury Department)","authority":"I.R.C. § 7508A(a)","instrument":"Notice 2020-23, 2020-18 I.R.B. 742","title":"Update to Notice 2020-18, Additional Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic","dateIssued":"2020-04-09","effective":"2020-04-09 (every Specified Form and Specified Payment and every Specified Time-Sensitive Action due on or after April 1, 2020 and before July 15, 2020 postponed to July 15, 2020; also postpones IRS time-sensitive actions and Tax Court petitions)","end":"2020-07-15","startDate":"2020-04-09","endDate":"2020-07-15","quarters":["2020Q2","2020Q3"],"types":["OTHER","CRT"],"addressees":["any person with a Federal tax return, payment or time-sensitive act due between April 1 and July 15, 2020, including estimated tax, estate, excise and exempt-organization filers, and taxpayers with Tax Court, refund-claim and appeal deadlines"],"clause":"This notice amplifies Notice 2020-18, 2020-15 IRB 590 (April 6, [2020], and Notice 2020-20... This notice further amplifies the relief provided in Notice 2020-18 and Notice 2020-20, providing additional relief to affected taxpayers as described in section III. In [particular, any person with a Federal tax payment obligation or filing obligation specified in this section III that is due to be performed (originally] or pursuant to a valid extension) on or after April 1, 2020, and before July 15, 2020, is [an Affected Taxpayer, and the due date is automatically postponed to July 15, 2020].... [Any Specified Time-Sensitive Action listed in Rev. Proc. 2018-58] (December 10, 2018), which is due to be performed on or after April 1, 2020, and before July 15, 2020, [is postponed to July 15, 2020].","enforcement":"I.R.C. § 7508A; the postponement is automatic","functions":["TX tax compliance (returns, estimated payments, elections, like-kind exchanges, Tax Court petitions)","WM tax and advisory practices","ML and real-estate closings dependent on § 1031 deadlines","CRT (Tax Court filing deadlines)","OP","CB"],"notes":"The broadest federal deadline postponement of the pandemic: it reached every filer of every specified form and every § 1031 exchange, qualified opportunity fund and refund-claim deadline falling in the second quarter of 2020","sourceUrl":"https://www.irs.gov/pub/irs-drop/n-20-23.pdf","snapshot":"","fileExists":true,"fileBytes":104739,"grade":"primary","character":"","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-082","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-082","citation":"Internal Revenue Service (Treasury Department), Notice 2020-23, 2020-18 I.R.B. 742 (Apr. 9, 2020) (Ex. AGY-FED-FINANCIAL-082)","stateName":"","related":["AGY-FED-FINANCIAL-089","AGY-FED-FINANCIAL-081","AGY-FED-FINANCIAL-079","AGY-FED-FINANCIAL-078","AGY-FED-FINANCIAL-077","AGY-FED-FINANCIAL-083"]}