CALT Brief: Derecho Resources, Payroll Tax Deferral, PPP Forgiveness & More!

Volume LXXVII | August 2020

Derecho Updates

The August 10 derecho caused great devastation. Check out these resources for relief available to impacted individuals and businesses.

IRS Grants Tax Filing and Payment Relief to 11 Iowa Counties Impacted by Derecho (Updated September 1)

Tax Considerations for Derecho Damage (September 3)

USDA Designates 18 Iowa Counties as Primary Natural Disaster Areas (September 3)

Homeowners and Renters in 11 Iowa Counties May Apply for Individual FEMA Assistance

Practical Guidelines to File Crop Insurance Losses Due to the Derecho

COVID-19 Updates

We are watching for stimulus updates as Congress returns from the Labor Day recess. Uncertainty reigns!

Iowa Producers May be Eligible for New Grants Funded by $100 Million from CARES Act (Deadlines Approaching!)

Treasury Issues Payroll Tax Deferral Guidance (August 28)

Presidential Action Creates Uncertainty (August 18)

An Update on PPP Forgiveness (August 29)

What's at Stake in the Stimulus Negotiations? (August 2)

Tax Consequences of Unemployment (from Iowa Taxpayer Advocate)

Don't Miss Agricultural Law & Farm Tax Seminars

If you serve rural landowners or agricultural producers, you won’t want to miss this year’s September 23 Agricultural Law Seminar and September 24 Farm Tax Workshop. Speakers and agendas are posted online.

This online event features expert speakers from Iowa and around the country. If you sign up by September 16, the cost is $185 for one day or $300 for both.