The Further Consolidated Appropriations Act, 2020, H.R. 1865, contains extended tax provisions through Dec. 31, 2020; repeals certain health care taxes; makes changes to retirement plan rules, updates disaster tax relief and makes other important changes.
This resource serves as an overview of new tax laws and as a supplement to engagement letters, organizers, checklists and practice guides contained in the AICPA Tax Section’s 2019 Annual Tax Compliance Kit. Further research and analysis are recommended based on each client’s facts