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The NYSSCPA has curated guidance and tips that will help you make informed business decisions and keep you safe in these uncertain times. On this page, you will find shareable and informative content, which will be updated regularly. Please also follow us on Twitter, LinkedIn and Facebook.

 

Using the COVID-19 Page:

  • New content will be posted at the top of the section in which it most closely aligns. 

  • All NYSSCPA advocacy actions will be denoted in bold type.

  • Out-of-date information will be removed as soon as possible.

 


 

Login to Exchange, the NYSSCPA member-driven community, for discussion on COVID-19 and general accounting and business issues.

 

Stay up-to-date on news throughout the pandemic

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Small Businesses (SBA Loans)

PPP Loan Forgiveness FAQs - Small Business Administration

Interim Final Rule on Loan Review Procedures and Related Borrower Responsibilities - SBA

Interim Final Rule on Loan Forgiveness - SBA

Report: EIDL Loans as of 5-23-20 - SBA

Report: EIDL Advances as of 5-8-20 - SBA

New York Forward Loan Fund (NYFLF) Information - Empire State Development

PPP Loan Forgiveness Calculator - AICPA

Updated PPP FAQ - Safe Harbor Deadline Extension - SBA

PPP Interim Final Rule on Post-Disbursement Loan Increases for Partnerships and Seasonal Employers - SBA

EIDL Message from SBA - SBA

PPP Loan Forgiveness Services Matrix - AICPA

Interim Final Rule on Requirements for Disbursements - SBA

The CARES Act Provides Assistance to Small Businesses - Dept. of Treasury

PPP Overview and Resources - SBA

Interim Final Rule on Requirements for Promissory Notes Authorizations Affiliation and Eligibility - SBA

How to Calculate Maximum Loan Amounts – By Business Type - SBA

Updated PPP FAQ - SBA

Special Report on Issues Related to CPA Involvement in Small Business Loans Under the PPP - AICPA

Recommendations for the Firm-lender Relationship in the PPP Application Process - AICPA

EIDL Loans as of 4-20-20 - SBA

EIDL Advances as of 4-20-20 - SBA

SBA Paycheck Protection Program Loan Report (4/16/2020) - SBA

The PPP Is Out of Money - Inc.

Coronavirus Aid, Relief, and Economic Security Act - U.S. Congress

PPP Loans FAQs - Small Business Administration

Find a PPP lender - Small Business Administration

New Interim Final Rule Regarding Self-employed and Partnership PPP Applications - Small Business Administration

AICPA Statement on CPAs as Agents for PPP applications - AICPA

Small Business PPP Call to Action Video and Press Release Updates - AICPA

Small Business Paycheck Protection Program (PPP) Resources for CPAs - AICPA

Letter on Small Business Payroll Funding to Rep. Velazquez

Letter on Small Business Payroll Funding to Rep. Suozzi

Coronavirus Emergency Loans - Small Business Guide and Checklist - U.S. Chamber of Commerce

The Small Business Owner’s Guide to the CARES Act - U.S. Senate Committee on Small Business and Entrepreneurship

Coalition Expands Support for Fast Distribution of Stimulus Funds Through Payroll Processors - AICPA

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Tax Practice Management

Letter to Governor regarding the False Claims Act - NYSSCPA

Letter to Gov. Cuomo on postponement of tax deadline - NYSSCPA

AICPA calls for postponement of tax deadlines to June 15 - AICPA

AICPA Urges IRS For Certainty and Penalty Relief for 2020 Tax - AICPA

NY State tax implications of the CARES Act - NYSDTF

Covid relief, tax extenders wrapped into FY 2021 spending package - Deloitte

Everything You Need to Know About the Second COVID-19 Stimulus Checks - CNBC

Guidance for NYC restaurant sales tax extension - NYSDTF

NY to extend sales tax payment deadline for NYC restaurants

SBA and Treasury Announce Simpler Forgiveneness for PPP Loans $50,000 or Less - SBA

Guidance issued on the use of electronic signatures - NYSDTF

Guidance on CCH Outage Affecting 09/15/20 Tax Deadline - IRS

6 more IRS forms can be filed with e-signatures - Journal of Accountancy

Pandemic makes meeting Sept. 15 filing deadline difficult - Journal of Accountancy

Guidance issued on deferring certain employee Social Security tax withholding - IRS

NY State E-Signature Bill Passes -  New York State

Continuing Temporary Suspension - Tax Abatement - NYS

Letter to NYSDTF seeking clarification on N-20-8 re: payments of estimated taxes

Announcement Regarding June Estimated Tax Payments - NYSDTF

Form 1040-X Electronic Filing Options Coming This Summer - IRS

Continuing Temporary Suspension on Property Tax and Sales and Use Taxes - NYS

Continuing:Temporary E-signature Authorization - Updated for 7/15 - NYSDTF

Reopening New York: Phase 1 - NYS

Industries Reopening By Phase - NYS

Continuing:Temporary E-signature Authorization - Updated - NYS

Tax Dept response to novel coronavirus - NYSTDF

Cross-border tax guidance related to travel disruptions arising from COVID-19 - IRS

Notice Re: Temporary E-signature Authorization - NYSDTF

Clarification on 7/15 Extension for Individuals and Corporations - NYSDTF

AICPA Press Release - Broad Tax Relief in Light of COVID-19 Issued - AICPA

Update to Notice 2020-18, Additional Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic - IRS

Sec. Mnuchin Letter Requesting  Broad Filing Season Relief - AICPA

Overview of Extensions Granted - IRS

IRS Urges Taxpayers to Use Electronic Options; Outlines Online Assistance - IRS

Tax Filing FAQs - AICPA

Personal Income Tax & Non-resident NYC Employee Payments Filing Extension - NYC DOF

Gift tax filing deadline extended - IRS

Letter to Gov. Cuomo - New York State Tax Filing Deadline Extension Request

Update on NYSSCPA Request for Extension for TC201/TC309

Request for Extension of Time to File UBT Returns for Individual and Single-Member LLCs and for Business Corporation Tax Returns

Senate Request for Tax Filing Relief for America Act Support

NYSSCPA Works to Extend Tax Deadlines

NYSSCPA Letter to Gov. Cuomo Requesting Acceptance of eSignatures​​

Guidance for Filing UBT Returns for Individual and Single-Member LLCs and for Business Corporation Tax Returns

60 Day Interest Abatement Authorized for Sales and Use Taxes

New IRS Notice 2020-18 - Grant of Relief

Tax Filing and Payment Relief Needed

NY State Tax Filing Deadline Extension Notice

New Jersey Extends Tax Deadline to July 15 - NJCPA

Pennsylvania Extends Personal Income Tax Return Filing Deadline to July 15, 2020 - Pennsylvania Department of Revenue

Tax Deadline Moved to July 15

CARES Act Stimulus Calculator - AICPA

State Tax Filing Relief Guidance - AICPA

IRS News for Everyone - IRS

House passes massive coronavirus relief package - CBS

Congress Passes Updated Economic Relief Plan (CARES Act) for Individuals and Businesses - Tax Foundation

New York State Deadline Moved to July 15 - Cuomo News Conference (minute 43)

FAQs for April 15 Tax Deadline Extension - IRS

Tracking Chart: State And Local Government Filing Relief Due To COVID-19 - Council of State Taxation

IRS Payments Can Be Delayed 90 Days, Mnuchin Announces - TaxNotes

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Not For Profits

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Employment Law, NY DOL

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Estate and Retirement

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The Business Council of New York State instituted a hotline, 1-888-364-3065, for those wishing to have their questions and concerns addressed.   

 

Found an issue in the profession regarding COVID-19 that hasn't been addressed yet?
Please submit to marcom@nysscpa.org and we will update this page as information becomes available.

Found an issue in the profession regarding COVID-19 that hasn't been addressed yet? 

Please submit here and we will update this page as information becomes available.