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.

  • Updates
  • Video and Audio Weekly Updates
  • Email Updates
  • About
  • Upcoming Courses

2020-08-24 The Week of the Two Letters

August 22, 2020 by Ed Zollars, CPA

This week we look at:

  • Qualified plan loan offset amount proposed regulations issued to deal with TCJA plan loan rollover provision

  • US Chamber of Commerce and other organizations issue letter describing issues with payroll tax holiday Presidential memo

  • IRS warns employees to wait to file Forms 941-X on second quarter 2020 941s until new form released in late September

  • Chair of Ways & Means asks to IRS to pause sending notices that may relate to unopened payments and IRS complies two days later

  • IRS begins accepting 2019 amended individual returns electronically

  • Payments of interest on 2019 tax refunds are being paid out to taxpayers

An audio only version of this week’s broadcast can be streamed or downloaded below:

Articles for this week’s session can be downloaded as a PDF below:

2020-08-24 The Week of the Two Letters

August 22, 2020 /Ed Zollars, CPA
  • Newer
  • Older
US_UK_Apple_Podcasts_Listen_Badge_RGB.jpg
Listen via Google Podcast or your favorite podcast application on your phone
Mastodon acccount for Ed Zollars

Copyright © 2025 Thomas, Zollars & Lynch, Ltd., All Rights Reserved

Powered by Squarespace