COVID and Taxpayer Certainty Acts of 2020: Law, Explanation and Analysis provides tax practitioners with a single integrated reference source of the tax provisions contained in the Consolidated Appropriations Act, 2021. Along with Internal Revenue Code provisions, as amended, Wolters Kluwer editors have created a complete practical analysis of this legislation.
The Consolidated Appropriations Act, 2021 set out appropriations for the 2021 fiscal year, and included additional relief for the ongoing COVID-19 crisis. The massive act provided additional unemployment benefits, a second round of Paycheck Protection Program funding, and other forms of relief building upon the Families First Coronavirus Response Act and the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The tax provisions of this omnibus act were contained in four acts passed as part of the overall package: the COVID-19-Related Tax Relief Act, the Taxpayer Certainty and Tax Relief Act of 2020, the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and the No Surprises Act. From Wolters Kluwer, it contains extensive explanations and analysis relevant to CPAs, tax preparers, other financial professionals, and even accounting professors and their students.
Features of COVID and Taxpayer Certainty Acts of 2020: Law, Explanation and Analysis
COVID and Taxpayer Certainty Acts of 2020: Law, Explanation and Analysis is a one-stop resource on COVID-19 tax relief. It compiles all relevant information from the relief acts and packages, as well as amended sections of the Internal Revenue Code, congressional reports, and more. The book also explores other important guidance from the IRS that will inform tax practice during the pandemic. All of this is integrated into a single volume. Alongside the official IRS text, in-depth explanations are provided to make tax provisions simpler for readers to understand and apply. Each tax provision is covered extensively with analysis, practitioner commentary, and more.
Benefits of Using COVID and Taxpayer Certainty Acts of 2020: Law, Explanation and Analysis
COVID and Taxpayer Certainty Acts of 2020: Law, Explanation and Analysis was authored and edited by Wolters Kluwer Editorial Staff, a highly experienced staff of writers, analysts, and editors with extensive backgrounds that cover the full scope of U.S. federal and state taxation. Their expertise includes international tax, estate tax, planning issues, current tax law developments, and beyond, with a focus on providing expert analysis and effective solutions.
COVID and Taxpayer Certainty Acts of 2020: Law, Explanation and Analysis is available in both softcover and eBook format. In softcover form, the book is a perfect desk reference to COVID-19 relief provisions. It’s lightweight and easy to navigate with detailed tables of contents and other finding tools. As an eBook, it becomes even more portable. The eBook version can be downloaded to any device, including a computer, tablet, or eReader, for convenient availability anywhere it’s needed.