The third coronovirus bill passed by Congress and signed into law on March 27 contains numerous provisions related to COVID-19 relief, including a number of tax provisions. This session will look at tax-related provisions in the provision.  Click here for more details.

April 2, 2020 - 9:00am - 10:00am


 PLEASE - When you register for a complimentary webinar, it secures that "seat." If you don't show up for the webinar, that seat is gone for another fellow Idaho Society member. Unfortunately, it is not an unlimited number of participants. So please, try to only register for the events you can attend!

NOTE: Because these webinars are complimentary, you may need to register or take the program in a different way than is our normal process. PLEASE read your confirmations from Gwynne very carefully. She has very detailed instructions to ensure your experience is a success, but you have to read it :)
There is so much information regarding business and how it's reacting to the coronavirus (Covid-19) pandemic, we want you to have an easy go-to.

Newly posted - please take a second to read Governor Little's latest proclamation regarding positioning Idaho to overcome coronavirus challenge . This gives us more information behind declaring Idaho's taxing filing date June 15, rather than July 15.

www.idcpa.org/resources/covid
We post new information almost daily. Please visit often!
YOU ARE ESSENTIAL BUT PLEASE SET UP YOUR PEOPLE TO WORK REMOTELY. Do your best to make this work. It is the safest strategy for your business & for Idaho.

UPDATE on "essential services" - The Department of Homeland Security (DHS) has updated its Cybersecurity and Infrastructure Security Agency  (CISA) guidance on critical workers ,  and it reflects a change to include the actual term "accounting services."

In the fourth bullet point under Financial Services, the revised guidance now covers “Workers who support financial operations and those staffing call centers, such as those staffing data and security operations centers, managing physical security  or providing accounting services."

UPDATE on IDAHO Extensions - T he Idaho tax filing date is JUNE 15. We do not see this changing. All extensions are granted from the April standard deadline, so please remember that makes extended filings still due Oct 15 . 

If individuals have made adequate payments by June 15, their filing will be auto extended as usual. Corporate clients need to file the 41ES by June 15.

This is the BONUS lunch seminar originally scheduled for April 17 in the Striving to Thriving lunch series. Join Ken McClure, Partner with Givens Pursley, for a discussion of the highlights of developments in the 2020 Idaho legislative session, with emphasis on how they affect businesses in general and the accounting profession in particular. 

Over 82% of ISCPA members have paid their dues! THANK YOU!

If you haven't been able to pay your dues yet, please do so, because suspension notices go out next month.
Click here to get this done: www.idcpa.org/my-iscpa/pay-dues
If you paid your dues early and earned the CPE bonus, check your inbox! Registrations for this bonus series have been emailed to all ISCPA members who paid their dues by 2.14.20. PLEASE remember, these self-study courses need to be finished by 11.31.20
If you haven't paid your dues - please do! Through this stressful time the Society is a valued & trusted resource. We are working tirelessly to advocate for you and are providing numerous hours of complimentary CPE and training! Membership matters and the ROI is undeniable!
WE ARE WORKING FOR YOU
We may have to change some of our live seminars to webinars this summer, but do not worry!

Gwynn e Lethcoe , our Professional Education Director, is working with instructors to provide information in the best, safest means possible throughout this year. She is on it!

She's also working to get more information for you including:

  • COVID information for industry members – HR and employee issues you need to know

  • Idaho SBA application process

  • Paycheck Protection Loan Program nuts and bolts

Keep checking our COVID Resource Page... it'll be posted there!

Looking for something specific? Email us !
New at the Idaho State Tax Commission

Direct debit payment option for e-filers - Help your clients take advantage of a new electronic payment option when you e-file their state income tax return. Your clients can use the new direct debit option to authorize the Tax Commission to withdraw a specific amount of money from their bank account on dates they choose. Check with your e-file provider to see if it offers this free option.

Watch out for scams! - Here are the main schemes states are seeing from fraudsters:

  • Claiming 1099R income or withholding (Already in ID)
  • Data Breaches (ADP, several preparers- in early March, an Oregon preparer was breached)
  • Suspicious returns using same IP address, device IDs and bank accounts (Identity Theft)
  • Low dollar refund scheme (Already in ID)
A BREAK from the serious..

This is a super stressful time...

Here are some funny things to take the edge off:
Found a funny you want to share? Email Laura! She tries very hard, but needs some help.
Have you done this yet??
The Idaho State Tax Commission appreciated ISCPA member responses to its customer service survey last fall.

Here is a follow up questionnaire about communication with tax practitioners and other stakeholders.

The agency wants to keep improving its communication with ISCPA members and their clients.

Take just a moment to let our friends at the Tax Commission know how they can make their messaging clearer and easier to understand!
Payment of your 2020 dues opens the opportunity for you to register for "Creating an Ethical Organizational Culture." Be sure to take advantage of this great member benefit - 2 complimentary ethics credits!

Idaho General Ethics - this is what most ISPCA Members take. Idaho CPAs must report a minimum of 4 ethics credits every 2-year period. If you take ISCPA's member-only ethics 2 credit course every year, you are covered.

Idaho State Specific Ethics - for those CPAs that become licensed in Idaho this year.

Don't forget - complete this ethics webinar by 10.1.20 to be entered into the 2021 complimentary dues drawing - (the winner be announced in the Monday Takeaway!)
If you have ANY ideas, thoughts, suggestions or even need review on a specific topic - REACH OUT! We work for you and always look forward to helping our members succeed.

Laura Lantz, Executive Director
Email me or call me at 208-344-6261
Don't Forget - Our 2020 Need to Know page on the idcpa.org website is real-time news and information you should keep up on, including ISCPA Member alerts, bulletins and updates.
If you'd like to be removed from the Monday Takeaway weekly newsletter, please update your profile by clicking here & unselect the communication . Do not unsubscribe via Constant Contact - because then you won't get anything - including vital Member Alerts.
The ISCPA MEMBER DISCOUNT PAGE is a fantastic avenue for discounts and savings for Society Members. Check it out!