TAX VIRUS BRIEFING: Virus Struggles Continue as Senate Returns (1)

May 1, 2020, 6:40 PM UTCUpdated: May 1, 2020, 9:10 PM UTC

The Senate is set to come back, while the rising case load in D.C. kept the House from returning. The IRS has brought back thousands of employees, and continues to issue relief payments. And states are facing major revenue struggles.

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

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Deductibility Question

The IRS delivered a blow to businesses with loans under the Paycheck Protection Program Thursday when it announced that companies won’t be able to deduct ...

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