Over the past few weeks, the Internal Revenue Service (“IRS”) has provided relief to taxpayers impacted by the COVID-19 pandemic, by extending the deadline for payment and filing of individual income tax returns from April 15, 2020 to July 15, 2020 under Notice 2020-18 (issued on March 20, 2020, which superseded Notice 2020-17) and providing other relief relating to federal gift tax under Notice 2020-20 (issued on March 27, 2020). On April 9, 2020, the Internal Revenue Service issued Notice 2020-23, which amplified the prior Notices 2020-18 and 2020-20, providing additional relief to affected taxpayers by postponing the otherwise applicable Internal Revenue Code or regulatory deadlines for certain actions to be taken.