Overview 2.0 Credits ONLINE Get important tax updates from popular instructor and tax guru Art Auerbach, CPA, in the monthly tax webinar series.
Major Topics Update on IRS forms. Many forms and instructions have changed because of the late legislation. Further review of the DOL regulation on independent contractor versus employee and how that may differ from IRS interpretations. State nexus and conformity issues. Many legislatures are currently in session and I will try to provide an update. Penalty relief because of different due dates during 2020, particularly for Form 2210. PPP2 some issues and explanations, whether a first-time borrower or a repeat borrower. How to deal with employees who deferred their social security taxes during the last portion of 2020. Some key items that were issued during the year. That may require attention, particularly regarding the economic stimulus payments. Anything else that may affect busy season.