Covid-19 Tax Relief Summary
Covid-19 Tax Relief Summary is an overview and of tax provisions contained in the Families First Coronavirus Response Act signed by President Trump on March 18, 2020 and the Coronavirus Aid, Relief, and Economic Security (CARES) Act signed on March 27, 2020. These Acts have been supplemented by pronouncements from the Treasury Department and Internal Revenue Service. These emergency coronavirus provisions are intended to limit the spread of the pandemic, support relief efforts, and stabilize the economy.
This course is an overview and summary of tax provisions contained in the above legislation and government pronouncements. It provides a reference to selected individual, business, retirement, employment, filing, and charitable tax provisions adopted. The resulting major tax impact carries special meaning to the tax practitioner and return preparer. The course is intended to be a resource for tax professionals and staff alike to gain easy access to the most important major changes.
* Related Treasury & IRS notices and pronouncements
* Families First Coronavirus Response Act paid leave requirements
* Modified income tax filing & payment deadlines
* CARES & ARPA Act tax provisions