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IRS Issues Additional Guidance on Tax Filing Extensions and Employer Relief for Emergency Funding

IRS Issues Additional Guidance on Tax Filing Extensions and Employer Relief for Emergency Funding

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March 2020

On the heels of recent guidance regarding the deferral of federal income tax payments, the IRS issued new Notice 2020-18 and Release 2020-57 on March 20 which update rules on COVID-19 (coronavirus)-related tax filing and issues surrounding payment. Details of each one are included below.

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