04.29.20 President Trump’s Impact Payment letter & Foreign Pension Trusts

The Biden Administration Corporate Tax Proposal

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

Why You Should File Your 2019 Tax Returns ASAP!

Why You Should File Your 2019 Tax Returns ASAP!

Why You Should File Your 2019 Tax Returns ASAP?  Many individuals, couples, and businesses are putting off filing their 2019 tax returns because; they can.  Others, because they qualify for stimulus checks in 2018 but not 2019; it’s not 100% clear yet that this is a good idea.  Either way, April 15th and many other…

The Biden Administration Corporate Tax Proposal

COVID – 19 Relief Status Update 04.06.20

‘Phase 4’ stimulus wish lists floated

https://ne…

The Biden Administration Corporate Tax Proposal

Corona Virus Relief (CARES ACT)

Today we’re talking all about the Corona Virus Re…

Economic Impact Payments: What you need to know?

No action needed by most people at this time! IR-2020-61, March 30, 2020 WASHINGTON — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some seniors and others…