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• Texas

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   Some State Provide Corporate Tax Filing Relief (10-12-20)

  Uneven Economic Recovery Likely in Texas (8-11-20)

  State Board Information: Fingerprinting, CPE and CPA Exam info (5-2020)

  Analysis: Texas in a State of Financial Uncertainty (7-24-20)

  Texas Economic Indicators (7-21-20)

  Recessions and Revenues Perspective on the Downturn (5-20)

  Pandemic Drives Record Unemployment (5-20)

  Labor Economy at Greater Risk in Texas than U.S. (5-12-20)

  Shock, Grief and Opportunity: The Emotional Roller Coaster of COVID-19 in the Small Business Community. (5-12-20)

  Texans’ Back to Work Task Force Report (5-6-2020)

  Texas Economic Activity Falls Sharply (5-7-20)

  Open Texas Checklists (5-5-20)

  Governor Announces Phase One to Open Texas (4-27-20) |  Protocol Guide for Businesses and Individuals

  Regional Economic Conditions:
  Business Survey Results (4-27-20)
  Texas Service Sector (4-28-20)
  Texas Manufacturing (4-27-20)

  Accounting Services Considered Essential - Gov. Abbott Implements Essential Services Protocols for Texas (3-31-20) | Also see Homeland Security CISA guidelines

  Sales Tax Help - From Texas Comptroller (4-16-20)

  Texas Franchise Tax Due Date Extended to July 15 (4-2-20)

  Texas Comptroller Offers Relief (3-25-20) Call (800-252-8880) for compliance options, avoiding interest & late fees.

  State Board Info.
  Email contacts | Notices: Fingerprinting | CPE | license renewals | Payments (3-18-20)

  TSBPA Adopts Emergency Rule Revision to Qualified Accounting Courses in Response to COVID-19 (3-12-20)

  County COVID-19 Declarations (3-25-20)

• Legislation & Regulation

   Associations Lobby for PPP Loan Deductibility Fixes (12-3-20)

   Fed Adjusts Main Street Lending Program

  Six Predictions for Where States are Planning to get Their Tax Money

  FASB Issues Limited Revenue Recognition, Lease Accounting Delays (6-3-20) | Accounting Standards Update No. 2020-02

  U.S. House Passes $3 Trillion Coronavirus Relief Package (5-15-20)

• IRS

   Expenses Used for PPP Loan Forgiveness: Deductible or Not? (12-3-20)

  Taxpayer Advocate Service Website Launches COVID-19 Business Tax Relief Tool (10-22-20))
  
  

  IRS Allows E-Signatures Temporarily (8-27-20)

  Working Virtually: Protecting Data & Reporting (8-18-20)

  IRS Operations Update (8-13-20)

  Trump Delays Workers’ Payroll Tax Payments (8-10-20)

  IRS Temporary Procedure: Taxpayers Filing Form 3115, Application for Change in Accounting Method (7-30-20)

  Tax Considerations for Businesses Considering Bankruptcy (July-August 2020, Today's CPA)

  Guidance on Recapture of Excess Employment Tax Credits (7-28-20)

  IRS Guidance on Reporting Qualified Sick and Family Leave Wages Paid (7-9-20)

  Guidance for Consolidated Groups on the Treatment of Net Operating Losses (7-6-20)

  Tax Savings Opportunities From the CARES Act (7-1-20)

  RIC Shareholders can Take Sec. 199A Deduction for REIT Dividends (6-24-20)

  IRS Further Extends Acceptance of Digital Signatures and Emailed Documents During Pandemic (6-20-20)

  COVID Retirement Plan Withdrawals Expanded by IRS (6-19-20) | IRS Notice 2020-50

  IRS Permits Remote Signatures for Plan Loan Consents (6-3-20)

  Understanding the Filing Relief for 'Time-Sensitive Acts' in IRS Notice 2020-23 (6-4-20)

  IRS Commissioner Affirms July 15 Deadline, Asks for Patience for IRS Reopening (5-16-2020)

  IRS Allows Midyear Changes to Health Coverage, Dependent Care Elections (5-12-20)

  COVID-19-Related Employee Retention Credits: Amount of Allocable Qualified Health Plan Expenses FAQs and  Interaction with Other Credit and Relief Provisions FAQs (5-8-20)

  Sending Requests for IRS Guidance (4-30-20)

  CARES Act QIP Change Requires Action (4-29-20)

  COVID-19-Related Tax Credits for Required Paid Leave Provided by Small and Midsize Businesses |  FAQs | summary (4-16-20)

  How to take Retroactive 100% Bonus Depreciation on QIP (4-17-20) |  Rev. Proc. 2020-25

  IRS Info.: U.S. Citizens Abroad | Foreign businesses FAQ | Foreign nationals

  Business Interest Expense Election Guidance for Farming & Real Estate (4-13-20)

  Time Running Out for Taxpayers to Reschedule Payments set for April 15 (4-13-20)

  Guidance on NOL Carryback and Tentative Carryback Adjustments (4-10-20) |  Rev. Proc. 2020-24

  IRS Extends More Tax Deadlines (4-9-20) |  Notice 2020-23 (4-9-20) [ individuals, trusts, estates, corporations & others ] Read summary

  IRS Guidance: CARES Act - Taxpayers With Net Operating Losses (4-9-20)

  Partnerships Can Amend Returns to get CARES Act Benefits (4-8-20)

  IRS: Employee Retention Credit Available for Many Businesses (3-31-20) |  See instructions | See form 7200 | View guide |  See summary article

  Tax Loss Harvesting During The COVID-19 Crisis (4-10-20)

  IRS Waives Failure-to-Deposit Penalties During Pandemic (4-1-20) |  IRS Notice 2020-22

  FASB to Consider Delaying Effective Dates of New Standards (4-1-20)

  CARES Act Tax Provisions Aim to Stabilize Pandemic-Ravaged Economy (3-27-20)

  Financial Institutions Using CARES Act Deferrals Won’t Violate GAAP, SEC says (4-3-20)

  Practitioner Priority Service, other IRS help lines suspended due to coronavirus (3-27-20)

  Taxpayer Advocate Service Website Launches COVID-19 Business Tax Relief Tool (10-22-20)
  
  

  Gift and GST Returns Also Postponed (3-27-20) |  See IRS Notice 2020-20

  IRS Temporarily Adjusts & Suspends Key Compliance Program (3-25-20)

  Going Concern Tips for Auditors During the Pandemic (4-3-20)

  IRS: Paid Leave & Tax Credits for Small/Midsize Businesses (3-20-20) | IRS Notice 2020-21

  Regulators Clear Way for Certain Loan Modifications (3-22-20)

  High-Deductible Health Plans Can Cover Coronavirus Testing, Treatment (3-11-20)

  
  
• Accounting & Auditing Standards

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  Internal Control Focus Critical During Pandemic (12-7-20)

  Tips for Single Audits Amid Pandemic Uncertainty (10-20-20)

  4 Key COVID-19 Audit Risks for 2020 Year Ends (8-1-20)

  Pandemic Issues for Government Financial Statement Preparers and Auditors (7-14-20)

  Guidance for Consolidated Groups on the Treatment of Net Operating Losses (7-6-20)

  GASB - Tech. Bulletin No. 2020-1 - CARES Act reporting issues | Summary (7-5-20)

  Strategies for Addressing Pandemic-Related Audit Risks (6-24-20)

  SEC Staff Guidance Addresses Pandemic-related Disclosures (6-23-20)

  FASB Q&As Address Application of Taxonomy to Pandemic Disclosures (6-22-20)

  Considerations for Employee Benefit Plans During Pandemic (6-17-20)

  GASB Guidance: CARES Act Aid (6-11-20)

  4 Key COVID-19 Audit Risks for 2020 Year Ends (6-5-20)

  What CPAs Should Consider Before Deferring ASB Reporting Standards (5-14-20)

  Pandemic Concerns for ESOPs and ESOP Auditors (5-11-20)

  CPE Exceptions Granted to Auditors under GAGAS (5-8-20) | (GASB statement 95)

  GASB Delays Effective Dates of Recent Pronouncements (5-8-20)

  Ethics Standards Implementation Delayed (5-6-20)

  SEC Expands Crowdfunding Access (5-4-20) | SEC Temporary Amendment

  Auditing Standards Board Delays Implementation of 7 New Standards (5-1-20)

  FASB Staff Q&As on Hedge Accounting (4-28-20)

  IASB proposal: COVID-19 Related Rent Concessions (4-27-20) | proposal draft

  FASB Relief Proposal - Lease Accounting Delay for Private Companies (4-21-20) | proposal | press release

  UPDATE: Pandemic Alters Lease Accounting (4-16-20) | FASB Q&As Clarify Pandemic Lease Accounting Issues: FASB Staff Q&A | Summary (4-10-20)

  Accounting Standards Board Delays SASs No. 134-140 (4-20-20)

  GASB Considering Postponing New Rule Implementation (4-15-20) | GASB exposure draft

  Tips for Auditing With Changed Controls During the Pandemic (4-13-20)

  FASB Amends Effective Dates | FASB Staff Clarifies Other Issues (4-8-20)

  AICPA Information for Auditors (4-7-20)

  Audit Challenges During Pandemic (4-1-20)

  Optional delay provided in regulatory capital transition to credit losses standard (3-27-20)

  Financial Reporting and Auditing (3-17-20) | Key issues

   

• Advocacy Efforts

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  SBA releases PPP forgiveness form but AICPA urges more detail (5-16-20)

  TXCPA Calls for Withdrawal of IRS Notice 2020-32 (5-7-20)

  TXCPA Asks Congress to Consider More Tax and Stimulus Adjustments (4-29-20)

  AICPA Seeks Guidance and Clarity on Employee Retention Credit (4-21-20)

  COVID-19 Mobilizes an Army of Accountants

  Committee Requests Additional Federal Tax Filing, Payment and Collection Relief (TXCPA Federal Tax Policy Committee)

  TXCPA Asks Governor to Include Professional Accounting Services Among Essential Services

  TXCPA Asks Comptroller to Extend Franchise Tax Deadline

  TXCPA Promotes Accounting as an Essential Service During Shelter-in-Place

  AICPA Requests Further Deadline Relief
  

• CPA Candidate Testing

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  CPA Exam Testing Center Closings Extended Through May 1  (4-10-20)
  

  CPA Exam emergency testing period invoked (3-27-20)

  NASBA CPA Exam Testing FAQs (4-30-2020)

  Continuous testing to launch July 1, 2020 (3-31-2020)

  TSBPA temporarily accepting electronic transcripts for Application of Intent. Ask your Registrar to send your electronic transcripts to: transcripts@tsbpa.texas.gov.  (3-26-2020)

  Texas CPA Exam candidates with one or more Exam credits expiring on or before June 30, 2020, will be granted an extension to September 30, 2020. (3-17-2020)

  TSBPA eliminates requirement for candidates to take at least 15 of their 30 hours of upper division accounting courses as in-person classes. (3-12-2020)

  Prometric Update for CPA Exam Candidates (3-12-20)
  

• Business Continuity

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  COVID-19 Strategy and Tactical Decisions (July/August 2020 Today's CPA)

  How Cybersecurity has Changed since the Coronavirus Outbreak Began, and What it means for Businesses (7-11-20)

  Tax Considerations for Businesses Considering Bankruptcy (July-August 2020, Today's CPA

  EIDL Pandemic Assistance Facts for CPAs (7-8-20)

  LiftFund’s Microlending Helps Small Businesses Battle to Survive COVID-19 (6-24-20)

  How to Navigate a Business Interruption Claim (6-18-20)

  17 Strategic Questions to Answer Before Reopening (6-17-20)

  Questions for Firm Leaders Before Returning to the Office (6-16-20)

  Federal Disaster Loan Program Applications No Longer Limited to Agricultural Businesses (6-15-20)

  CFOs’ Top 5 Lessons for Handling COVID Crisis (6-15-20)

  OSHA Guidance for the Pandemic Workplace | Dept of Labor Resources

  Shock, Grief and Opportunity: The Emotional Roller Coaster of COVID-19 in the Small Business Community. (5-12-20)

  Business Continuity Planning

  Protect Your Company with a Business Contingency Plan

  SBA Disaster Assistance in Response to the Coronavirus

  SBA Economic Injury Disaster Loans | How to Apply

  Guidance for Businesses and Employers to Plan and Respond

  Guidance for Employers

  Workplace Tips for Employees

  Emergency planning tips

  Tips for Managing a Pandemic

  Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19), February 2020 (CDC)

  Occupational Safety and Health Administration (OSHA) COVID-19 Guidance

  Tips for Working Remotely

• CARES Act

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  Rollover Relief for Required Minimum Distributions (6-23-20)

  Guidance on How to take CARES Act Distributions from Qualified Plans (6-19-20)

  GASB Guidance: CARES Act Aid (6-11-20)

  How the CARES Act has Affected Business Valuation (6-2-20)

  AICPA FAQs
  

  Webcast Archive: CARES Act: What You Need to Know

  Webcast Handouts

  Coronavirus Relief Compendium (Courtesy Freeman Law)
  | Clarification note

  IRS FILING & PAYMENT EXTENSIONS

  IRS Coronavirus Tax Relief

  IRS Provides Guidance for April 15 Filing Delay (3-21-20)

  IRS Notice 2020-18 | Filing and Payment Deadlines Questions and Answers | Summary

  Further Clarity Sought (3-24-20)

• Health Information

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  • Extensive helpful information for sharing (Texas Health Services)
  • Centers for Disease Control and Preventions (CDC) Coronavirus Disease 2019 (COVID-19) webpage
  • How will Country-Based Mitigation Measures Influence the Course of the COVID-19 Epidemic? (The Lancet - March 9, 2020) | PDF version Covers the purpose and parameters of social distancing
  • World Health Organization (WHO) Q&A on Coronaviruses (COVID-19)
  • Johns Hopkins University COVID-19 Global Case Map of confirmed cases, recovered cases, and deaths due to COVID-19 across the world
  • Flu Prevention Resources (CDC) | See printable flyer with tips for work, school, home
  • People at Risk for Serious Illness from COVID-19
  • Glossary of Terms for Virus Outbreak (AP)
  • Texas Counties Health Entities
  • General Information (Texas Health Services)
  • EPA Antimicrobial Products for Use Against Coronavirus
  • How to Care for Yourself While Practicing Physical Distancing