Current Federal Tax Developments

Keeping CPAs Up to Date on Tax Matters

A site devoted to articles on current developments in federal taxes geared toward CPAs in tax practice.

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March Tax Update - PDF of Slides

Update Articles

  • IRS Formalizes Extension of April 15 Form 1040 Due Date to May 17, Clarifies Other Issues Related to the Extension

  • IRS Makes a Significant Modification to Computation of ARPA Excludable Unemployment Compensation

  • Senate Approves PPP Program Extension, Sends Bill on to the President for Signature

  • Purchase of COVID-19 Personal Protective Equipment Treated as Deductible Medical Care by the IRS

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