Washington, D.C. (March 25, 2020) – The American Institute of CPAs (AICPA) today called for the Treasury Department and IRS to immediately provide more extensive relief to all taxpayers in light of the uncertainty and challenges caused by the spread of the Coronavirus (COVID-19) pandemic.
Earlier today, the IRS posted FAQs on the postponement of tax filing and payment deadlines. The FAQs, which are not citable as legal authority, provide informal guidance to taxpayers and their advisors relying on Notice