In response to the Coronavirus crisis, the IRS has made several important tax changes. Here’s what expats need to know:
In mid-March 2020, the IRS announced several tax updates that affect all Americans, including those living abroad. To offer relief to taxpayers during the Coronavirus pandemic, the IRS pushed back tax deadlines, paused compliance campaigns, and created new tax credits for small and midsize employers. Meanwhile, lawmakers proposed a formal government stimulus to counter the economic impact of the crisis. In this webinar, you’ll learn what these changes mean for expats and how you can take advantage of tax relief.
- New US tax deadlines for expats and businesses in 2020
- When you should file taxes to maximize the financial benefits
- Tax relief for small and midsize businesses that offers reimbursement for Coronavirus-related employee leave
- The latest updates on the government stimulus package, and how your taxes will determine the amount of money you’ll receive from the relief fund