SWFT Tax Update (Coronavirus changes)

Reading Time: 1 minuteOver the past few weeks, there has been a flurry Federal legislative activities in relation to the coronavirus as well as actions taken by the Internal Revenue Service.
The Coronavirus Aid, Relief, and Economic Security Act [CARES Act]; P.L. 116-136 (March 27, 2020)];
The Families First Coronavirus Response Act [P.L. 116-127 (March 18, 2020)];
Notices from the IRS 2020-18 and 2020-20
These items include a variety tax changes that impact our texts. These changes have been briefly summarized by the SWFT Editors. They also provide references to where they are (or would be) discussed in our 2020 edition texts [Volume, Chapter; page(s), if applicable].
The update can be found here.

Author: Kody