Careers

Experiences

Industries

Offices

Our Firm

Pages

Our People

Updates

Practices

Warner Norcross + Judd LLP is a corporate law firm with over 230 attorneys serving clients in nine offices throughout Michigan. Among the largest law firms in Michigan, Warner works in virtually all areas of business law.

Michigan Law Firm - Warner Norcross + Judd LLP

Earlier this year, the IRS issued <a href="https://www.irs.gov/pub/irs-drop/n-20-23.pdf" target="_blank" rel="noopener">Notice&nbsp;2020-23</a> and supplemental guidance providing extensions to July&nbsp;15, 2020, for any individual, fiduciary or corporation with a return or payment due between April&nbsp;15, 2020, and July&nbsp;15, 2020. Notice&nbsp;2020-23 expanded the automatic extension to include the second quarter estimated tax payment and fiscal year income tax returns and payments due on or after April&nbsp;15, 2020, and before July&nbsp;15, 2020.&nbsp;

contentpilot/introduction

On March&nbsp;27, 2020, Governor Whitmer issued <a href="https://www.michigan.gov/whitmer/0,9309,7-387-90499_90705-523380--,00.html" target="_blank" rel="noopener">Executive Order&nbsp;2020-26</a>, which automatically extended certain deadlines for filing and paying state and city income taxes in Michigan. The automatic extension generally allowed for returns and payments otherwise due in April 2020 to be filed in July 2020 without accrual of penalty and interest. This three-month extension to file returns and pay taxes generally accorded the same relief provided by the IRS for federal taxpayers with returns and payments due on April 15, 2020 (IRS <a href="https://www.irs.gov/pub/irs-drop/n-20-17.pdf" target="_blank" rel="noopener">Notice&nbsp;2020-17</a>). While Executive Order&nbsp;2020-26 clearly extended the time to remit quarterly estimated tax payments due for the first quarter of 2020, the Executive Order did not directly address payments due for the second quarter of 2020.&nbsp;

core/paragraph

To more fully adopt IRS Notices&nbsp;2020-17 and 2020-23, and in accordance with Executive Order&nbsp;2020-26, the Michigan Department of Treasury has extended the due date for all Michigan income-tax returns or payments due between April&nbsp;15, 2020, and July&nbsp;30, 2020. The automatic extension is limited to returns and payments due under the Michigan Income Tax Act, and it applies automatically. Furthermore, the Michigan Department of Treasury (the “Department”) issued a notice extending the date for second quarter estimated payments for state income tax. Accordingly, for most filers, the first and second quarter estimated payments are due on July 15, 2020. For certain fiscal filers, any estimated payment due after April&nbsp;15, 2020, and before July&nbsp;15, 2020, is due on July&nbsp;15, 2020.&nbsp;

With regard to any extension authorized by Executive Order&nbsp;2020-26 or the Department’s notice, penalty and interest will not accrue for the period during which the extension is automatically effective. Penalty and interest for late filing of the return will not accrue between April&nbsp;15, 2020, and July&nbsp;15, 2020, for most individuals and fiduciaries and, likewise, will not accrue between April 30, 2020, and July 31, 2020, for most corporations. The suspension of penalty and interest is limited, however, to the automatic extensions authorized under Executive Order&nbsp;2020-26 and the Department’s notice; penalty and interest will continue to accrue for taxes otherwise owed by any taxpayer.&nbsp;

Click <a href="https://admin.wnj.com/wp-content/uploads/2022/07/Notice_-_IRS_notice_2020-23_2Q__STATE_CONFORMITY_v2_687560_71.pdf" target="_blank" rel="noreferrer noopener">here</a> to read the Department’s notice.

Additional information can be found at <a href="http://www.michigan.gov/taxes" target="_blank" rel="noopener">www.michigan.gov/taxes</a>.&nbsp;

Please contact <a href="http://wnj.com/people/sean-h-cook" target="_blank" rel="noreferrer noopener">Sean Cook</a>, <a href="http://wnj.com/people/jay-a-kennedy" target="_blank" rel="noreferrer noopener">Jay Kennedy</a>, <a href="http://wnj.com/people/william-c-lentine" target="_blank" rel="noreferrer noopener">William Lentine</a>, <a href="http://wnj.com/people/jeffrey-s-segal" target="_blank" rel="noreferrer noopener">Jeffrey Segal</a> or a member of Warner’s Tax Law Practice Group if you have any questions.

Partner

Sean H. Cook

Of Counsel

Jay A. Kennedy

Jeffrey S. “Jeff” Segal

Corporate

Reminder – Michigan Department of Treasury Delayed Q2 Estimated Tax Payments Until July 15, 2020

Warner Norcross + Judd LLP is responsible for the contents of our advertising and this website. Please read our full <a href="/privacy-policy/" aria-label="see privacy policy">privacy policy</a> available on our website. If you have any questions or comments about our website or our Privacy Policy please contact us at <a href="mailto:info@wnj.com">info@wnj.com</a> or 616.752.2000.

Reminder – Michigan Department of Treasury Delayed Q2 Estimated Tax Payments Until July 15, 2020

professionals