Pension & Benefits News IRS announces public hearing for proposed regs on new mandatory 60-day deadline postponements due to federally declared disasters
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Thursday, March 4, 2021

IRS announces public hearing for proposed regs on new mandatory 60-day deadline postponements due to federally declared disasters

By Pension and Benefits Editorial Staff

The IRS has announced a public hearing concerning proposed regulations on the new mandatory 60-day postponement of certain time-sensitive tax-related deadlines because of a Federally declared disaster. The proposed regulations affect individuals who reside in or were killed or injured in a disaster area, businesses that have a principal place of business in a disaster area, relief workers who provide assistance in a disaster area, or any taxpayer whose tax records necessary to meet a tax deadline are located in a disaster area. The regulations are proposed to apply to disasters declared on or after December 21, 2019.

The public hearing will be held on Tuesday, March 23, 2021, at 10:00 a.m. by teleconference. Individuals who want to testify (by telephone) at the public hearing must send an email to [email protected] to receive the telephone number and access code for the hearing. The subject line of the email must contain the regulation number [REG-115057-20] and the word TESTIFY. The IRS states that it must receive speakers’ outlines of the topics to be discussed at the public hearing by Monday, March 15, 2021. If no outlines are received by March 15, 2021, the public hearing will be cancelled.

Individuals who want to attend (by telephone) the public hearing must also send an email to [email protected] to receive the telephone number and access code for the hearing. The subject line of the email must contain the regulation number [REG-115057-20] and the word ATTEND.

Source: 86 FR 7987.

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