COVID-19 Relief – IRS Allows 90 Day Income Tax Deferral
COVID-19 RELIEF – IRS ALLOWS 90 DAY INCOME TAX DEFERRAL OF UP $1 MILLION FOR INDIVIDUALS OR $10 MILLION FOR CORPORATIONS In response to the COVID-19 outbreak, the Treasury Department and the Internal Revenue Service issued Notice 2020-17 today to provide temporary income tax payment relief to individuals and businesses. Individuals: Individuals may defer up…