Join BKD Trusted Advisors™ for our Tuesdays at Ten webinar series specific to our clients and friends serving the needs of intellectual or developmental disabilities and behavioral health (IDD/BH) communities.
As states and local governments begin to lift stay-at-home orders, businesses are reopening their doors. Read on to see how this transition affects tax relief provisions related to the COVID-19 crisis.
The IRS recently released Notice 2019-63, which extends the deadline for certain 2019 information-reporting requirements to March 2, 2020. It also provides good-faith transition relief under Sections 6721 and 6722. Read on for more details.
After consulting with stakeholders, the IRS determined a substantial number of employers need additional time to gather and analyze information to prepare Forms 1095-B and 1095-C to be furnished to individuals. Read more about the 30 day extension…