CPE Webinars

CARES Act - COVID-19 Tax Provisions (04.03.2020, 12-1pm CDT)

Course Description
The third coronavirus bill passed by Congress contains numerous provisions related to COVID-19 relief, including a number of tax provisions. This session will look at tax-related provisions in the provision. At the time this description was written, such provisions in the Senate passed version of the bill include, among others:
  • Payments to individual taxpayers, with phase-out for higher income taxpayers
  • Special rules for distributions from retirement plans related to COVID-19, extended rollover rules and expansion of maximum borrowing from employer plans
  • Delay in required minimum distributions
  • Ability to delay deposit of employer portion of payroll taxes for 2020, with amounts paid over two years
  • Fix for the "retail glitch" related to qualified improvement
  • Temporary restoration of net operating loss carrybacks, along with other modifications of NOL and business loss rules

Along with a number of other changes found in the bill. Join us for this fast-paced one hour overview of these provisions.

This course is designed for
  • CPA’s, accountants, finance professionals and tax professionals who want up-to-date information on the implications of the Covid-19 tax changes

Learning Objectives:

  • Identify the tax changes due to the Covid-19 tax provisions
  • Understand how the Covid-19 tax provisions impact businesses and individuals
  • Identify guidance impacted by the new tax provisions



Speaker / Author:

Edward K. Zollars, CPA is in public practice in Phoenix, Arizona as a partner with the firm of Thomas & Zollars & Lynch, Ltd. He is also a discussion leader with Loscalzo Institute. He has been in practice for over twenty-five years, specializing in tax issues for closely held businesses and individuals.

Ed has been professionally involved with both tax and technology issues, combing the two disciplines in starting the first tax podcast (Ed Zollars Tax Update, produced weekly dealing with current tax issues. He has been a member of AICPA Tax Division Committees dealing with tax and technology issues, and was the Tax Section’s representative on three occasions to the AICPA’s Top Ten Technologies project. Ed is also a member of the Phoenix Tax Workshop’s Advisory Committee, and currently serves on the Tax Legislation Liaison Committee for the Arizona Society of CPAs.Ed was selected as a Life Member by the Arizona Society of CPAs in May of 2010.

Ed is a co-author of the Arizona Income Tax Guide published by the Phoenix Tax Workshop, and has written articles published in Practical Tax Strategies and the Tax Adviser. He has been a frequent contributor to a number of professional tax discussion groups, and served as systems operator on the AICPA’s Accountants Forum in the mid 1990s.

He has spoken regularly on tax and technology topics since 1996, speaking before conferences sponsored by the AICPA and a number of state society of CPAs.

Price (USD)

Standard: FREE

Details

Course Code : ACE-19018_LZ

Course Level : Overview
Course Type : Group Internet-Based
Format Type : Webinar
Field Of Study : Taxes


Event Date : 4/3/2020 12:00:00 PM

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