The Covid-19 Emergency Relief Act Impact on 2020 Tax Returns and the 2021 Tax Season - 01/19/2021
Join FAE as our top experts discuss the December Stimulus package, which includes major tax provisions that will be effective for the 2020 tax year, things that CPAs and tax preparers need to know NOW! This presentation will include tax-related legislativ
On-Demand Self-Study
Covid-19 Emergency Relief Act impact on the 2020 tax return;
The impact of the new legislation on client meetings in 2021;
Answers to your client's stimulus questions on the second round of rebates;
Other individual changes included in the new legislation;
The tax provisions that were extended past their Dec. 31, 2020 expiration date;
Additional funding for another round of PPP loans;
Changes to PPP eligible expenses used in the PPP loan forgiveness calculation;
Changes to the employer retention credit
Other business changes included in the new legislation
Learning Objectives
Understand the latest developments and major tax law provisions of The Covid-19 Emergency Relief Act impacting 2020 Tax Returns and the 2021 Tax Season for both individuals and business taxpayers.
Major Topics
Covid-19 Emergency Relief Act impact on the 2020 tax return;
The impact of the new legislation on client meetings in 2021;
Answers to your client's stimulus questions on the second round of rebates;
Other individual changes included in the new legislation;
The tax provisions that were extended past their Dec. 31, 2020 expiration date;
Additional funding for another round of PPP loans;
Changes to PPP eligible expenses used in the PPP loan forgiveness calculation;
Changes to the employer retention credit
Other business changes included in the new legislation
CPE Credits Available
0
Taxation (NYSED) - NYSED
Things to Know About This Course
Course Level
Update
Professional Area of Focus
Taxation (NYSED)
Prerequisites
Basic working knowledge of business and individual taxation.
Advanced Preparation
Basic working knowledge of business and individual taxation.
Intended Audience
CPAs and Business Owners, who wish to understand how to the Covid-19 Emergency Relief Act Impacts 2020 Tax Returns and the 2021 Tax Season
