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The Addition, ASCPA Weekly Digital Newsletter
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Megan Hughes
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Treasury, IRS announce cross-border tax guidance related to travel disruptions arising from the COVID-19 emergency
IRS Newsroom
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Special alert for benefit recipients who don't file a tax return and have dependents
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Bonus depreciation elections
IRS Newsroom
Revenue Procedure 2020-25 provides guidance allowing a taxpayer to change its depreciation under section 168 for certain…
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Special rules applicable to credit against income tax for foreign taxes
IRS Newsroom
Revenue Ruling 2020-08 suspends Rev. Rul. 71-533 pending reconsideration of whether the ten-year limitations period provided…
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Treasury, IRS unveil online application to help with Economic Impact Payments
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Temporary procedures to fax certain Forms 1139 and 1045 due to COVID-19
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Follow IRS on Social Media & Subscribe to IRS Newsroom for Urgent COVID-19 Updates
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Social Security recipients who don’t usually file tax returns will automatically get $1,200 payments, Treasury says in reversal
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Employee Retention Credit for businesses impacted by COVID-19
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