AICPA seeks certainty on filing deadline and relief for 2020 tax year

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February 26, 2021

AICPA seeks certainty on filing deadline and relief for 2020 tax year In a recent letter to Treasury and the IRS, the AICPA CAllED for greater certainty for taxpayers and tax praCTitioners and for underpayment and late-payment penalty relief, both of which will provide greater assistance to those affeCTED by the COVID-19 pandemic. In the […]

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AICPA seeks certainty on filing deadline and relief for 2020 tax year

In a recent letter to Treasury and the , the AICPA called for greater certainty for taxpayers and tax practitioners and for underpayt and late-payt penalty relief, both of which will provide greater assistance to those affected by the pandemic.

In the letter, sent on Tuesday from Christopher Hesse, CPA, chair of the AICPA Tax Executive Committee, the AICPA urged Treasury and the to announce any pending tax filing and payt deadline postponets by March 1. The AICPA also requested underpayt and late-payt penalty relief, a delay in collection activities, and an expansion of the temporary e-ature relief. The letter ed that many taxpayers and tax professionals continue to struggle to calculate and make tax payts and prepare and s.

The has said that taxpayers and tax professionals should assume that the April 1 deadline will change, but it has also been reported that the will commit to keeping an April 1 filing deadline if Congress roves aher round of economic impact payts.

Specific AICPA recomdations include:

Alistair M. Nevius, J.D., (Alistair.Nevius@aicpa-cima.com) is the JofA’s editor-in-chief, tax.


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Happiness is for those who plan well and pursue. A profound among us have been proven those who have true dream to live for likely REALIZED IT. It is just simply the person working toward the DREAM days and night until accomplishment. There is a phrase of efficiency a head of you. Steps and obstacles at first seem tremendous. However, just with some times those difficult steps and challenges are so easy performance for you. There are also plenty of tools including VISUALIZATIONS and helps are around you.

AICPA seeks certainty on filing deadline and relief for 2020 tax year In a recent letter to Treasury and the IRS, the AICPA called for greater certainty for taxpayers and tax praCTitioners and for underpayment and late-payment penalty relief, both of which will provide greater assistance to those affeCTed by the COVID-19 pandemic. In the […]

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How To Really REALIZE DREAMS COME TRUE?

Happiness is for those who plan well and pursue. A profound among us have been proven those who have true dream to live for likely REALIZED IT. It is just simply the person working toward the DREAM days and night until accomplishment. There is a phrase of efficiency a head of you. Steps and obstacles at first seem tremendous. However, just with some times those difficult steps and challenges are so easy performance for you. There are also plenty of tools including VISUALIZATIONS and helps are around you.

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