COVID-19 Information & Resources

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Paycheck Protection Program (PPP) Loans

November 6, 2020 This section will be continuously updated with the latest information regarding Paycheck Protection Program (PPP) loans.

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Resources and Downloads

Federal Tax Information

November 2, 2020 This section will be continuously updated with the latest information regarding changes to federal tax deadlines and extensions.

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IRS Guidance

  • Notice 2020-66 - Guidance regarding the premium tax credit and Medicaid coverage of COVID-19 testing and diagnostic services
  • Notice 2020-65 - Relief with Respect to Employment Tax Deadlines Applicable to Employers Affected by the Ongoing Coronavirus (COVID-19) Disease 2019 Pandemic
  • Notice 2020-29 - Provides greater flexibility for taxpayers by extending claims periods to apply unused amounts remaining in a health FSA or dependent care assistance programs, expanding the ability to make mid-year elections for health coverage, and applying earlier relief for high deductible health plans to cover expenses related to COVID-19.
  • Notice 2020-33 - Provides guidance to increase the amount of funds that can carry over without penalty at the end of the year for flexible spending arrangements.
  • Notice 2020-32 - Taxpayers that receive a loan through the PPP can’t deduct expenses that are normally deductible if those expenses were reimbursed by a PPP loan that was subsequently forgiven.
  • Notice 2020-23 - Broad Tax Relief for All Tax-Related Filing Deadlines
  • Notice 2020-22 - Relief from Penalty for Failure to Deposit Employment Taxes Effective Date for Employment Tax Credits Under the Families First Coronavirus Response Act
  • Notice 2020-20 - Update to Notice 2020-18, Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic, Related to Gift and Generation-Skipping Transfer Tax Filing and Payment Deadlines
  • Notice 2020-18 - Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic
  • Notice 2020-15 - High deductible health plans and expenses related to COVID-19

Download this helpful PDF Guide to all extensions by type of tax returns and IRS form number: Overview of Extensions Granted in Notice 2020-23

Statement from TSCPA Regarding COVID-19

Circumstances surrounding COVID-19 concerns have resulted in an unprecedented situation that requires many of us to adjust our normal practices. Here is what TSCPA is doing to continue delivering service and support to our members. View More

TSCPA Talks

March 10, 2020 Members across the state are connecting virtually through TSCPA Talks, a private online community accessible on all digital devices.

Log on today to view and exchange information related to the COVID-19 response and its impact on professional practices. 

Access TALKS here>