Taxpayers May Delay Both Filing Tax Returns and Paying Some Taxes for 90 Days - Q: Congressional and Treasury Action to Date: What have Congress and the Treasury Department done in response to the COVID-19 crisis so far that...more
On March 26, 2020, the city of Philadelphia issued policy statements that did the following:
Extended to July 15, 2020, the April 15, 2020 deadline for filing, paying and making estimated payments of BIRT and NPT....more
Q: Congressional and Treasury Action to Date: What have Congress and the Treasury Department done in response to the COVID-19 crisis so far that may be of interest to businesses?...more
Q: State NOL Carryback Relief: If the federal government enacts NOL carryback relief, will states follow suit? A: Almost no states currently allow taxpayers to carryback NOLs to prior years....more
Q: Congressional Action to Date: What has Congress done in response to the COVID-19 crisis so far that may be of interest to businesses?...more
Q – Filing of Federal Tax Returns: Must C corporation and individual U.S. federal income tax returns or extensions for the 2019 calendar year be filed by the April 15, 2020, due date?...more
Background.
The COVID-19 pandemic has caused many employers to ask – or require – employees to work from home. ...more