On July 30, 2020, the IRS issued Notice 2020-58 (“Notice”) as part of the federal government’s emergency response to the COVID-19 pandemic and mandate “to provide relief from tax deadlines to Americans who have been adversely...more
On July 1, 2020, the IRS issued proposed regulations (REG-123027-19; RIN 1545-BP59) (Regulations) governing compliance-monitoring for low-income housing tax credit (LIHTC) projects and issued Notice 2020-53 (Notice) in...more