Notice 2020-23 generally provides taxpayers until July 15, 2020 to perform certain time-sensitive actions in response to the COVID-19 pandemic. Notice 2020-23, released on April 9, 2020, provides taxpayers who are...more
The IRS extended the timelines for certain taxpayers engaging in Section 1031 like-kind exchanges or making investments in Qualified Opportunity Zone Funds. The IRS extensions only apply to deadlines that fall between April...more
The Department of Treasury and the Internal Revenue Service (the “IRS”) have issued IRS Notice 2020-23 (the “Notice”), which extends several deadlines that fall between April 1, 2020 and July 15, 2020. The IRS has changed...more