Current Federal Tax Developments

Keeping CPAs Up to Date on Tax Matters

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2020-06-01 Electronic Amended Returns Real Soon Now

May 30, 2020 by Ed Zollars, CPA

This week we look at:

  • PPP developments - only a single FAQ change but two bills to change the program.

  • IRS releases guidance on how to deal with ATNOLs for corporations carrying back net operating losses.

  • The ability to electronically file amended individual income tax returns will exist for 2019 returns later this summer.

  • IRS announces additional due date relief.

An audio version of the broadcast can be streamed or downloaded below:

A PDF with this week’s articles can be downloaded below:

2020-06-01 Current Federal Tax Developments

May 30, 2020 /Ed Zollars, CPA
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