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Home > Federal Tax Update Podcast > 2020-08-24 The Week of the Two Letters
Podcast: Federal Tax Update Podcast
Episode:

2020-08-24 The Week of the Two Letters

Category: Business
Duration: 00:46:14
Publish Date: 2020-08-22 13:23:35
Description:

This week we look at:

  • Qualified plan loan offset amount proposed regulations issued to deal with TCJA plan loan rollover provision
  • US Chamber of Commerce and other organizations issue letter describing issues with payroll tax holiday Presidential memo
  • IRS warns employees to wait to file Forms 941-X on second quarter 2020 941s until new form released in late September
  • Chair of Ways & Means asks to IRS to pause sending notices that may relate to unopened payments and IRS complies two days later
  • IRS begins accepting 2019 amended individual returns electronically
  • Payments of interest on 2019 tax refunds are being paid out to taxpayers

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