2020 is the year of COVID-19. The deadly coronavirus pandemic has totally upended our lives, real and tax.
Obviously, our actual lives and those of our families, friends, neighbors and larger circles in which we usually travel are the most important.
But part of keeping those sectors safe and ongoing is trying to hold on to some sort of normalcy. That's why here at the ol' blog, tax posts remain on my list, if no longer at the top of my list.
And, of course, that means keeping up with — or trying to — with how COVID-19 has affected our tax lives.
Thus was born this special Coronavirus and Taxes blog page. Here you'll find coronavirus links from official government websites, professional associations, firms and tax policy think tanks, as well as, of course, the ol' blog.
I'm kicking it off with COVID-19 posts from Don't Mess With Taxes because, well, it's my blog! The following posts are ones that are predominantly focused on new laws, Treasury and/or IRS rulings and proposed legislation that does or might affect our taxes. This list will be updated as I post new coronavirus tax items.
- IRS goal: Issue most 2019 tax refunds by Dec. 31, 2020 (Wednesday, Dec. 16, 2020)
- Tax reform is a global concern in wake of COVID-19's costs (Sunday, Dec. 6, 2020)
- IRS and FBI warn about business cyber scams that target COVID teleworkers (Friday, Dec. 4, 2020)
- COVID relief 2.0 could offer some donors a bigger charitable tax deduction (Thursday, Dec. 3, 2020)
- Use Form 8915-E to report, repay COVID-related retirement account distributions (Tuesday, Nov. 24, 2020)
- IRS won't provide blanket tax relief for penalties assessed during COVID-19 (Saturday, Nov. 21, 2020)
- Didn't get COVID-19 stimulus money? Nov. 21 is the last day to register for it (Wednesday, Nov. 18, 2020)
- Watch out for continuing COVID-19 tax (and more) scams (Sunday, Nov. 15, 2020)
- IRS offers tax help to those facing COVID money troubles (Sunday, Nov. 8, 2020)
- Deductibility of PPP loan expenses: Tax issues remain at federal and state levels (Friday, Nov. 6, 2020)
- IRS is resuming issuance of tax balance-due notices (Sunday, Oct. 25, 2020)
- In the wake of disasters & COVID-19, will the IRS be ready for the 2021 tax season? (Saturday, Oct. 24, 2020)
- Nov. 10 is national COVID economic relief registration day (Friday, Oct. 23, 2020)
- 10 ways FSA/HSA funds can help you cope with COVID-19 (Wednesday, Sept. 30, 2020)
- COVID-19 relief payment deadlines are just days away (Monday, Sept. 28, 2020)
- COVID EIPs await non-filers nationwide, especially in some NY ZIP Codes (Sunday, Sept. 27, 2020)
- COVID tax credits highlighted by IRS during National Small Business Week (Thursday, Sept. 24, 2020)
- No 1099-C for forgiven PPP loans, but this tax form still issued in other taxable canceled debt cases (Wednesday, Sept. 23, 2020)
- State revenue loss due to COVID-19 not as bad as feared (Sunday, Sept. 20, 2020)
- 1 million+ Californians top list of missed COVID payments (Thursday, Sept. 17, 2020)
- Senators push for end of forced deferral of federal employee payroll tax (Wednesday, Sept. 9, 2020)
- IRS special letter going to non-filers with info on how to get COVID tax relief payments by year's end (Tuesday, Sept. 8, 2020)
- Federal workers are forced payroll tax deferral guinea pigs (Thursday, Sept. 3, 2020)
- Treasury clears up Trump's payroll tax order. Just kidding! (Saturday, Aug. 29, 2020)
- IRS approves e-signatures for 10 tax forms, temporarily (Friday, Aug. 28, 2020)
- Tax injured spouses to get catch-up COVID-19 payments (Wednesday, Aug. 26, 2020)
- IRS waives some bad check charges (Monday, Aug. 24, 2020)
- COVID-created tax refund interest payments going to nearly 14 million filers (Sunday, Aug. 23, 2020)
- IRS stops sending nonpayment tax notices until it clears COVID snail mail backlog (Saturday, Aug. 22, 2020)
- W&M chair to IRS: Stop sending COVID-delayed notices (Thursday, Aug. 20, 2020)
- IRS knows some recently issued nonpayment notices are wrong. Now what? (Sunday, Aug. 16, 2020)
- Get government benefits? Have kids? You get one more chance to claim added COVID cash (Friday, Aug. 14, 2020)
- IRS now sending some erroneously denied COVID-19 dependent relief payments (Monday, Aug. 10, 2020)
- Trump COVID executive actions sidestep stalled Congressional relief talks (Sunday, Aug. 9, 2020)
- Home office tax deduction still available, just not for COVID-displaced employees working from home (Thursday, Aug. 6, 2020)
- 4 August tax moves to make during pandemic Dog Days (Monday, Aug. 3, 2020)
|If you've made it this far you probably know that tax changes due to COVID-19 began well before early August. The White House, and therefore Congress, started taking notice of this serious health threat in March. In the ensuing months, there have been many pieces of tax legislation, as well as special tasks assigned the Internal Revenue Service, that were prompted by the pandemic. In fact, there have been so many new tax laws and actions that I've moved the earlier tax-related COVID-19 posts to another special page, Coronavirus (COVID-19) and Taxes: And so it began. There you'll find tax posts that were published from Tuesday, March 10, through Friday, July 31.|
There also are some posts during this time frame, which started in early March (and, as noted in the box above, have been moved to a new overflow blog page), that tangentially reference COVID-19's effects on taxes, but not enough so to make the official coronavirus cut above.
If you're interested in seeing those, too, you can browse the new Coronavirus COVID-19 category. The posts above (as well as those on the second page with the earlier items)will show up, too, but just keep scrolling to find others that didn't make this coronavirus tax specific list.
Now to other off-blog resources.
First, there are the official government sites. The image above recommends Coronavirus.gov, which basically is a landing page (like this), so below are my suggestions.
Internal Revenue Service (IRS): Coronavirus Tax Relief and Economic Impact Payments
Centers for Disease Control and Prevention (CDC): Coronavirus (COVID-19)
Social Security Administration (SSA): Social Security & Coronavirus Disease (COVID-19)
Federal Trade Commission (FTC): Coronavirus - What the FTC is Doing
Health and Human Services (HHS): COVID-19 Portal
Consumer Financial Protection Bureau (CFPB): A guide to COVID-19 economic stimulus relief
Department of Education (Ed): COVID-19 ("Coronavirus") Information and Resources for Schools and School Personnel
Food and Drug Administration (FDA): Coronavirus Disease 2019 (COVID-19) Frequently Asked Questions
Federal Emergency Management Agency (FEMA): Coronavirus (COVID-19) Response (note the rumor control section)
U.S. Postal Inspection Service (USPIS): Coronavirus/COVID-19 Related Scams
And, of course, there are other sites following the pandemic's tax effects.
Many of my fellow tax bloggers are doing great jobs tracking the intricacies of COVID-19 tax changes. So are the members of the great #TaxTwitter community.
But in order to keep this page from following the excessive pieces of coronavirus legislation when it comes to length, I've focused below on web pages posted by professional firms, associations and other taxcentric entities that are providing valuable coronavirus-related tax information and advice.
National Association of Tax Professionals (NATP): COVID-19 Tax News & FAQ
Thomson Reuters: COVID-19 resource center
Deloitte: COVID-19 tax policy updates
EY US: Responding to COVID-19
Grant Thornton: COVID-19 Resource Center
RubinBrown: Coronavirus Preparedness Resource Center
Institute on Taxation and Economic Policy (ITEP): COVID-19 Tax Policy Resources
Avalara: COVID-19 Tax Relief Roundup
Employee Benefit News (EBN): Coronavirus Impact
But wait, there are more: Naturally, things will change as the virus itself and our tax reactions to it evolve, so I'm asking for your help.
I know I've missed some good sites. Please let me know. I'll probably see your suggestions sooner if you let me know via Twitter where, in case you don't know, I'm @taxtweet. You also can drop me an email note.
I'll update this page as regularly as I can. You'd think that I'd have more time by essentially being on house arrest during Austin's coronavirus stay-home order, but it seems that the hours in the days also are affected by these bizarre circumstances (and my discovery of new things to stream).
Thanks for your assistance and patience. And, of course, be safe!
Taxes are important, but they are just taxes. The well-being of everyone and your families is everything, the only thing.
Original post began April 4, 2020