IRS Grants Penalty Relief to Partnerships: Today, the IRS issued Notice 2017-47, which provides penalty relief to partnerships that failed to file or request an extension by the new March filing deadline. Under the notice, penalties will be waived for partnerships that failed to meet the new March filing deadline earlier this year, but did file or request an extension by the former April filing deadline. The new filing date was adopted as part of the Surface Transportation and Veterans Health Care Choice Improvement Act (Pub. Law No. 114-41), which tightened the filing requirements for several tax return deadlines.