Ideas & Insights

Notice 2020-56 extends until Dec. 31, 2020, the due date for CHNAs or implementation strategies due on or after April 1, 2020.

IRS explains taxability of Provider Relief Fund reimbursements made to health care providers pursuant to the CARES Act.

Exempt organizations may carryback siloed NOLs to tax years beginning before 2018 and apply them to net unrelated business income.

The IRS released the electronic Form 1023 and guidance for mandatory use of the online application, effective February 1, 2020