Stakeholders Join AICPA in Calling for Filing and Payment Relief
Mar 24, 2021
5 min read
COVID-19: Tax
The COVID-19 pandemic has impacted all aspects of our lives and created many uncertainties and challenges. The AICPA Tax Section is here to help and has developed resources to help you get through this critically important time.
Tax Subtopics
- C Corporation Income Taxation
- COVID-19: Tax
- Employee Benefits
- Individual Income Taxation
- International Tax
- IRS Practice & Procedure
- Partnership & LLC Taxation
- Policy & Regulatory Change
- Practice Management & Professional Standards
- S Corporation Income Taxation
- State & Local Tax (SALT)
- Tax Accounting
- Taxation of Estates & Trusts
- Tax-Exempt Organizations
- Tax Season
COVID-19: Tax Resources
Tax Section
The go-to source for tax practitioners. Access all the AICPA’s Tax Section content on AICPA.org.
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News
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CPE & Learning
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Professional Insights
- Client Letters for Year-End Coronavirus Relief Act
- COVID-19 Loan Application Assistance Service Engagement Letter
- PPP Sample Engagement Letters
Client-facing tools
- Summary of American Rescue Plan Act of 2021
- Summary of Year-End Coronavirus Relief Act (signed into law Dec. 27, 2020)
- CARES Act and Families First Coronavirus Response Act Summary
- Comparison of COVID-19 Business Relief Options Chart
- Coronavirus and Tax Impacts FAQs
- Employee retention credit guidance and resources
- PPP State Tax Treatment Chart
- Risk Alert – Professional Liability Implications of Extended 2021 Tax Deadlines
- SBA and Treasury Guidance Issued After Economic Aid Act
- State Tax Filing Relief Guidance
Practitioner guidance
- PPP + ERC in 2020 | Tax Section Odyssey
- Uncertainties with PPP and tax in 2021 | Tax Section Odyssey
- Breaking down the employee retention credit | Tax Section Odyssey
- State tax withholding issues driven by COVID-19 | Tax Section Odyssey
- Payroll tax credits available due to COVID-19 relief legislation | Tax Section Odyssey
- See more Tax Section Odyssey episodes.
Videos
- H.R. 1319: American Rescue Plan Act of 2021
- H.R. 133: Consolidated Appropriations Act, 2021
- H.R. 6201: Families First Coronavirus Response Act
- H.R. 748: Coronavirus Aid, Relief and Economic Security (CARES) Act
- H.R. 7010: Paycheck Protection Program Flexibility Act
Legislation
- Notice 2021-23 – Guidance on the Employee Retention Credit under the CARES Act for the First and Second Calendar Quarters of 2021
- Notice 2021-20: Guidance on the Employee Retention Credit under Sec. 2301 of the CARES Act
- Notice 2021-15: Additional Relief for Coronavirus Disease under Sec. 125 Cafeteria Plans
- Notice 2021-11: Additional Relief with Respect to Employment Tax Deadlines Applicable to Employers Affected by the Ongoing Coronavirus (COVID-19) Disease 2019 Pandemic
- Notice 2021-08: Relief from Addition to Tax for Underpayment of Estimated Income Tax by Individuals Affected by Amendment to Section 461(l)(1)(B)
- Revenue Ruling 2021-02: Eligible Paycheck Protection Program Expenses Now Deductible
- See more IRS notices and revenue procedures.
IRS Notices and Revenue Procedures
- COVID-19-Related Employee Retention Credits: How to Claim the Employee Retention Credit FAQs
- Carryback of NOLs by C Corporations to Taxable Years in which the Alternative Minimum Tax Applies
- Carryback of NOLs by certain exempt organizations
- Coronavirus-Related Relief for Retirement Plans and IRAs Questions and Answers
- COVID-19-Related Tax Credits for Required Paid Leave Provided by Small and Midsize Businesses
- COVID-19 Relief for Estate and Gift
- See more IRS COVID-19 FAQs.
IRS FAQS
- Cross-Border Tax Guidance Related to Travel Disruptions Arising from the COVID-19 Emergency
- IR-2021-59: Tax Day for Individuals Extended to May 17: Treasury, IRS Extend Filing and Payment Deadline
- IRS Coronavirus and Economic Payments: Resources and Guidance
- IRS Economic Impact Payment Information Center
- IRS Operations During COVID-19: Mission-Critical Functions Continue
- IRS People First Initiative: COVID-19 Effort Temporarily Adjusts and Suspends Key Compliance Program
- Temporary Procedures to Fax Certain Forms 1139 and 1045 due to COVID-19
Other IRS guidance
- COVID-19 and the Family and Medical Leave Act Questions and Answers
Department of Labor
- Business Loan Program Temporary Changes; Paycheck Protection Program
- Coronavirus Small Business Guidance and Loan Resources
- Paycheck Protection Program FAQs
Small Business Administration
- Economic Impact Payments for Social Security and SSI Recipients – Steps to Take and Schedule of Payments
Social Security Administration