As Coronavirus wreaks economic havoc, Congress and IRS have acted swiftly through the tax law in response. These relief efforts cut much deeper and wider than first meet the eye. By now, we’re 3 rounds of legislation and many rounds of IRS (and Labor) guidance into this thing. Let us cut your learning curve.
This fluff-free session brings information you can use immediately via checklists and generous examples with wisdom, wit and street smarts.
Take this course and learn the immediate, detailed tax effects of:
1. CARES Act (Coronavirus Aid, Relief and Economic Security Act) - Moving targets, amended returns and cash cow galore
2. Tax and liquidity planning in response to CARES Act and in catastrophic economic times
3. Deferral of payment of 2019 taxes – Who, what, when, where, how much, how
4. Extension of filing deadlines? Which ones yes and which ones not
5. Why filing federal and state extensions by the original due date may be sick smart - Breakdown by state
6. IRS's rapidly changing approach to collections, statute of limitation protections and operations
7. Tax credits for paid sick and family leave – Deep cut knowledge needed here (Families 1st Recovery Response Act (H.R. 6201))
8. Waiver of penalties both inside and outside of a box
9. Cyber security mandates / IRS sanctioned protocols for working from home
10. An ear to the ground for ongoing developments
Bradley Burnett Tax Seminars, Ltd.
Tax Attorney, Tax Advisor, Tax Instructor
[email protected]
Bradley Burnett is a practicing Colorado attorney with 40 years of experience working specifically on tax issues. His practice specializes in tax planning and tax controversy resolution. Mr. Burnett has authored and delivered more than 3,800 presentations on U.S. tax law in the U.S. and international jurisdictions.