04.29.20 President Trump’s Impact Payment letter & Foreign Pension Trusts
Rev. Proc. 2020-17 on Foreign Pension Trusts and summary from attorney Andrew Mitchell:
https://intltax.typepad.com/intltax_blog/2020/03/rev-proc-2020-17-exemption-from-filing-forms-3520-and-3520-a-for-applicable-tax-favored-foreign-trus.html
President Trump’s letter to taxpayers getting Impact Payments:
https://www.usatoday.com/story/news/politics/2020/04/28/coronavirus-trump-letter-stimulus-check-recipients-causes-stir/3040031001/
Info on IRS Form 7200 for Advance Payment of Employer Credits due to COVID-19:
https://www.irs.gov/forms-pubs/about-form-7200
Supplemental funds for Paycheck Protection Program plus new money for hospitals, coronavirus testing signed into law:
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/Tax/us-tax-taxnewsandviews-200424.pdf
Possible PPP Legislation & 1099-B
Possible PPP Legislation:
https://www.bloomberg.…
The PPP Loan Forgiveness Application
Deloitte Newsletter of House $3 Trillion tax bill…
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Heroes Act, COVID-19 Tax & PPP Updates, originally posted By Ron Cohen, CPA on 5/16/20 Dear Clients and Friends: Further to my email yesterday, after a procedural vote in the morning, at 9:26pm EST, the House finalized passage of the Heroes Act. Deloitte, with a staff of writers, covers the House passage of this monumental…
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