TAX VIRUS BRIEFING: Prospects for A New Aid Package Unclear (1)

The outlook for another big coronavirus relief package is unknowable at this point as the White House, Republicans, and Democrats start laying down possible markers. Meanwhile small businesses are struggling with complex aid measures. Wall Street titans see tax increases ahead. And tax collections could take a big hit in coming years as virus relief work stresses already stretched IRS resources.

Catch up on how the virus continued to change the tax landscape this week.

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Growing Collection Backlog

The pandemic’s ...