Tax Season Tools & Resources
Every tax season presents its own unique challenges, and 2021 is no different. With the CARES Act and Tax Cuts and Jobs Act in play, client inquiries are sure to increase the pressure on another compressed busy season. Rest easy — Wolters Kluwer is here to help you get through tax season and beyond with these tools and resources.
News, Tax Law Explanations, & Analysis
Paycheck Protection Program (PPP) Updated Legislation: Requirements, SBA Guidance and Tax Implications
PPP loans have been a top option for businesses struggling due to COVID‑19, but the tax obligations associated with them have been challenging to track and understand. Watch this on‑demand webinar for an overview of year-end legislation and SBA guidance affecting the PPP program, including a discussion of tax implications.Watch now
Tax Season Resource Kit — Updated for Extended Tax Season
Set yourself up for success this tax season with CCH® AnswerConnect’s Tax Season Resource Kit. This kit is your go-to for quick reference tools, expert insights and additional resources needed to prepare accurate returns this tax season.
Here is what's inside:
Tax Season Best Practices
Resources for Current Wolters Kluwer Software Users
The New Tax Bill: PPP Deductions, New PPP Loans, EIDLs and Recovery Rebates
Join expert, Greg White, CPA, as he covers the new tax law including deductibility of PPP expenses, qualifying and applying for Round 2 of the PPP loan program. Greg will also cover other tax aspects of the bill including tax treatment of EIDL’s, recovery rebates and the tax extender’s provisions.
1 CPE Credit
U.S. Master Tax Guide® (2021)
The nation's top federal tax resource has been updated to provide complete and reliable guidance on the CARES Act, as well as pertinent federal taxation changes that affect 2020 returns.
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