Latest Coronavirus State Tax Impacts

April 7, 2020 at 2:00 PM

Following the Treasury Department’s announcement of the 90-day extension of federal income tax filing and payment deadlines, some states are conforming to the federal changes, while others are adjusting tax deadlines in different ways, creating confusion for businesses. But extensions are only a small piece of the puzzle in how the virus will affect your state taxes.

Join us for this Bloomberg Tax & Accounting webinar to get a more complete picture of state tax changes due to the health crisis. Besides extensions, we will discuss apportionment and nexus issues due to a remote workforce, expensing and depreciation issues, business incentives, sales tax exemptions, and tax issues when companies engage in relief efforts or make charitable donations. Our Bloomberg Tax & Accounting analysts will help you plan and be prepared for what’s coming.

Educational Objectives:

  • Understand how state tax authorities are responding to the coronavirus pandemic
  • Get an overview of state tax deadline changes
  • Learn how expensing and depreciation can be affected
  • Identify the potential implications of remote work on nexus and apportionment
  • Understand how state business incentives will play a major role in coronavirus economic recovery efforts
  • Learn how it affects your use tax if your business provides relief or donations

Who would benefit most from attending this program?

State tax practitioners and advisors in private practice, professionals in corporate tax and accounting departments focused on state taxation and accounting issues.