The tax implications of the COVID-19 outbreak are far-reaching and continually evolving. We have created this page to be a resource for the latest state tax information, resources and guidance.
We will continually update these pages with the latest information and resources available.
STATE TAX ALERTS
IRS Backlog Causing Incorrect Late Payment Notices. If You Receive One, Here is What To Do Next.
Due to COVID-19, the Internal Revenue Service (IRS) closed offices and reduced staffing levels. As a result, it appears the IRS is behind on processing
Minnesota Small Business Relief Grants Program to Begin Accepting Applications on June 23
The Minnesota Department of Employment and Economic Development (DEED) has announced that the Minnesota Small Business Relief Grants Program – a $62.5 million COVID-19 aid
Could Your Strategic Response to COVID-19 Result in Tax Savings?
The economic and social impact of COVID-19 has changed life as we know it – and how businesses operate. From how, where, and what you
WFH Deductions? Unemployment Benefits Taxable? Stocks, IRAs, and Donations? Answers to COVID-19 Tax Questions.
The COVID-19 pandemic has a far reaching impact. It’s no wonder that with everything going on there still remains some unanswered questions. Our team has
Minnesota Counties Extend Property Tax Payment Deadlines and Waive Late Penalties
The current COVID-19 pandemic has resulted in numerous job losses and financial uncertainty for taxpayers. In response, Minnesota county officials and legislative leaders are moving
State Tax Changes Summary
Date of last update: April 29, 2020 The response to coronavirus and it’s impact on the 2019 tax filing season varies across the country. Below
STATE RESOURCES
California Resources
Tax Relief: Filing Deadline Extension: On March 18th, California issued an executive order, further extending the filing and payment deadline to July 15th for 2019
Florida Resources
Tax Relief: Gov. Ron DeSantis announced at a news conference on March 16th that Florida’s Department of Revenue will offer flexibility on the deadlines
Minnesota Resources
Tax Relief: Minnesota Sales and Use Tax Payment Extension: The Minnesota Department of Revenue on March 18th granted a 30-day extension for Sales and Use
Minnesota Small Business Emergency Loans
A loan program has been established to assist Minnesota-based businesses that were directly and adversely affected by the issuance of Executive Orders 20-04 and 20-08
Minnesota Small Business Relief Grants Program to Begin Accepting Applications on June 23
The Minnesota Department of Employment and Economic Development (DEED) has announced that the Minnesota Small Business Relief Grants Program – a $62.5 million COVID-19 aid
Wisconsin Resources
Unemployment Benefits: Wisconsin has created a page with frequently asked questions related to COVID-19 and Unemployment benefits: https://dwd.wisconsin.gov/covid19/public/ui.htm Disclaimer: This article is for your
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For Questions and Guidance on State Tax Alerts:
Matthew Brown
Partner, Tax Services
David Brauer
Partner, Tax Services
Julie Helms
Director, Specialty Tax Services
Michael Mondelli
Manager, Tax Services