Tax Law and News State conformity to federal COVID-19-related tax provisions Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Intuit Accountants Team Modified Apr 7, 2021 1 min read The Tax Foundation recently published “State Conformity to Federal Pandemic-Related Tax Provisions in CARES and ARPA,” a report that summarizes how states have complied with Internal Revenue Code (IRC) income tax provisions in general, as well as to the IRC’s treatment of net operating losses, business interest expenses, forgiven PPP loans, and unemployment compensation benefits. It also presents considerations for state policymakers to keep in mind as they contemplate changes to their conformity statutes related to these provisions. Download the report to get detailed information you can use in your tax practice, and to help your clients with tax-related issues. Previous Post IRS update on 2020 Premium Tax Credit Next Post American Rescue Plan: Essential insights for businesses Written by Intuit Accountants Team The Intuit® Accountants team provides ProConnect™ Tax, Lacerte® Tax, ProSeries® Tax, and add-on software and services to enable workflow for its customers. Visit us at https://proconnect.intuit.com, or follow us on Twitter @IntuitAccts. More from Intuit Accountants Team Comments are closed. Browse Related Articles Practice Management 5 ways to eliminate low-value work Practice Management Why low-value work clogs your workflow Tax Law and News Tax breaks in disaster-affected areas Practice Management Trends and changes: Holistic touch for SMBs Practice Management Lacerte® Tax spotlight: Renee Daggett, EA Tax Law and News ABLE accounts and tax benefits for disabled persons Practice Management Unretirement: Purpose and growth in cloud accounting Practice Management Embracing subscription models and value pricing Practice Management 3 steps to starting your own tax firm Tax Law and News April 2025 tax and compliance deadlines