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The Addition, ASCPA Weekly Digital Newsletter
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Megan Hughes
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Update to Notice 2020-18 from the IRS: Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic, Related to Gift & Generation-Skipping Transfer Tax Filing & Payment Deadlines
IRS Newsroom
Notice 2020-20 I. PURPOSE Notice 2020-18 II. BACKGROUND Notice 2020-18 III. GRANT OF RELIEF IV. EFFECT ON OTHER…
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AICPA Requests Accounting Deemed as Essential Business
Tax
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CARES Act tax provisions aim to stabilize pandemic-ravaged economy
Legislative Updates
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Report of Foreign Bank and Financial Accounts (FBAR) Due Date
Coronavirus
The Financial Crimes Enforcement Network (FinCEN) would like to reiterate, as previously announced their our website, the…
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Families First Act Guidance from DOL
Tax
The U.S. Department of Labor (DOL) released its first round of guidance on the Families First Act – here. The DOL, IRS and…
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IRS unveils new People First Initiative; COVID-19 effort temporarily adjusts, suspends key compliance program
IRS Newsroom
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IRS Online FAQ Posted
IRS Newsroom
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Update on Federal and State Tax Responses to COVID-19 Pandemic
Tax
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Governor Ivey Delays State Tax Filings
Alabama Department of Revenue
Governor Kay Ivey and the Alabama Department of Revenue announced today that the state income tax filing due date is extended…
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