Notice 2020-49 tax relief, deadlines, new markets tax credit

June 12, 2020 IRS Newsroom

Notice 2020-49 postpones to December 31, 2020, the due dates for making investments, making reinvestments, and expending amounts for construction of real property under § 45D of the Internal Revenue Code (Code) due to be performed or expended on or after April 1, 2020, and before December 31, 2020. 

Recent ASCPA News