With a Lengthy Tax Filing Season Over, Let's Focus on Other Developments in Federal Income Taxes
Wolters Kluwer Tax & Accounting today announced the publication of its "2020 Post-Filing Season Update," available as a complimentary download through the award-winning CCH® AnswerConnect online research platform. The briefing highlights key developments during the filing season that will impact taxpayers of all types for the remainder of 2020.
"In 2019 the IRS (Internal Revenue Service) had to deal with the government shutdown. This year, it faced many challenges stemming from the effects of the COVID-19 pandemic, but the IRS employees were able to continue to promulgate guidance while working from home," said Mark Luscombe, JD, LL.M, CPA, and Principal Federal Tax analyst for Wolters Kluwer Tax & Accounting. "This tax briefing is designed to bring taxpayers up-to-date on what has been happening while everyone was focused on tax return preparation."
Key items included in the 2020 tax developments are:
About Wolters Kluwer
Wolters Kluwer Tax & Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy, and efficiency.
Wolters Kluwer Tax & Accounting is part of Wolters Kluwer (WKL), a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.
Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,000 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
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