Last week, the US Treasury ordered the IRS to extend filing and payment deadlines by 90 days to July 15 for federal returns . IRS Press Release

In a press conference today at 4:00 pm, Governor Little delayed income tax filing and payment deadlines by 60 days, until June 15, 2020 in Idaho . The extension applies to all taxpayers – including individuals, businesses, and entities – regardless of the amount owed.

WHY JUNE? The administration chose June 15 (instead of July 15) because of Idaho's constitutional provision requiring a balanced budget and the June 30 fiscal year-end date. This makes it very difficult, if not impossible, to extend the Idaho deadline to July 15, to coordinate with the new federal deadline, and still assure sufficient tax revenue to comply with the Idaho constitution at the end of the fiscal year on June 30.

Governor Little also has extended the deadline to apply for property tax relief programs from April 15 to June 15. The programs include:

We post everything we can, as soon as we have it. We want to get you all the information possible, so please be sure to check the website.
COVID-19 Webinars
COMPLIMENTARY for ISCPA Members

Jennifer Elder has produced a 90-minute webinar titled “Coronavirus: How to Prepare your Business, Employees, and Customers.”

Click a date below to register:
WORK FROM HOME
SET UP YOUR PEOPLE TO WORK REMOTELY.
Do your best to make this work. At the end of the day - it's the safest strategy.

Most firms I have spoken with are closing the office to clients and having employees work remotely. This is the best way to help minimize employee and client risk during the Coronavirus outbreak.

The Society office is doing the same. We have closed the office and are working remotely. Please don't hesitate to email or call if we can help you.
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!
Over 81% 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
Idaho Anti-Trafficking Coalition works to provide awareness, education, services, and safe housing for victims of human trafficking. Would you like to help?

Idaho Anti-Trafficking Coalition is currently looking for volunteers to be a part of their Board Members. This valuable nonprofit is located in Eagle. Please visit Idahoatc.org for information.

Contact Executive Director, Jennifer Zielinski, at 208-630-6601 or Jennifer@Idahoatc.org for further information
The Taxpayer Advocacy Panel (TAP) is currently seeking a new volunteer for Idaho.

The mission of TAP is to listen to taxpayers, identify taxpayers’ issues, and make recommendations for improving IRS service and customer satisfaction.

The TAP serves as an advisory body to the Secretary of the Treasury, the Commissioner of Internal Revenue, the National Taxpayer Advocate, and IRS Division Commissioners to improve IRS service and customer satisfaction. Panel members serve a three-year appointment.

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!)
Have you registered yet?
Idaho Society of CPAs
Professional Issues Updates
June 2    Coeur d'Alene Best Western CDA
June 3   Moscow Best Western University Inn
June 4    Lewiston Red Lion
June 9    Idaho Falls Hampton Inn
June 10   Pocatello Fairfield Inn
June 11   Twin Falls Hilton Garden Inn
June 19   Boise Oxford Suites
Proposed CPA licensure model... If you haven't read this, you should!
Want more news? Check www.idcpa.org/news
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 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
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!