{"id":"AGY-FED-FINANCIAL-077","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); Emergency Declaration of March 13, 2020 instructing the Secretary \u0027to provide relief from tax deadlines to Americans who have been adversely affected by the COVID-19 emergency\u0027","instrument":"Notice 2020-17, 2020-15 I.R.B. 590","title":"Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic","dateIssued":"2020-03-18","effective":"2020-03-18 (payments due April 15, 2020 postponed to July 15, 2020, up to $10,000,000 for consolidated groups and C corporations and $1,000,000 for other taxpayers)","end":"Superseded by Notice 2020-18 (Mar. 20, 2020)","startDate":"2020-03-18","endDate":"2020-03-20","quarters":["2020Q2"],"types":["OTHER"],"addressees":["every person with a Federal income tax payment due April 15, 2020"],"clause":"On March 13, 2020, the President of the United States issued an emergency declaration under the Robert T. Stafford Disaster Relief and Emergency Assistance Act in response to the ongoing Coronavirus Disease 2019 (COVID-19) pandemic (Emergency Declaration). The Emergency Declaration instructed the Secretary of the Treasury \u0027to provide relief from tax deadlines to Americans who have been adversely affected by the COVID-19 emergency, as appropriate, pursuant to 26 U.S.C. 7508A(a).\u0027 Pursuant to the Emergency Declaration, this notice provides relief under section 7508A(a) of the Internal Revenue Code... For an Affected Taxpayer, the due date for making Federal income tax payments due April 15, 2020, in an aggregate amount up to the Applicable Postponed Payment Amount, is postponed to July 15, 2020.","enforcement":"I.R.C. §§ 6651, 6654, 6655 (additions to tax) suspended for the postponement period; § 7508A","functions":["TX tax compliance function of every employer and every financial institution","WM tax and advisory practices","OP","CB clients of accounting and advisory firms"],"notes":"First federal deadline postponement of the pandemic; reached every taxpayer and every tax-preparation, accounting and wealth-management practice","sourceUrl":"https://www.irs.gov/pub/irs-drop/n-20-17.pdf","snapshot":"","fileExists":true,"fileBytes":68447,"grade":"primary","character":"","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-077","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-077","citation":"Internal Revenue Service (Treasury Department), Notice 2020-17, 2020-15 I.R.B. 590 (Mar. 18, 2020) (Ex. AGY-FED-FINANCIAL-077)","stateName":"","related":["AGY-FED-FINANCIAL-078","AGY-FED-FINANCIAL-079","AGY-FED-FINANCIAL-081","AGY-FED-FINANCIAL-089","AGY-FED-FINANCIAL-082","AGY-FED-FINANCIAL-083"]}