Schneider Downs COVID-19 Resource Center

Schneider Downs continues to carefully monitor legislative changes, market conditions, and business considerations brought on by the COVID-19 pandemic in order to help our clients make the best decisions for their future.
As news and developments continue, we invite you to browse our library of COVID-19 resources for the latest commentary and analysis on a broad range of topics.

If you have any questions please contact us at contactsd@schneiderdowns.com.

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CARES ACT – Impacts on Charitable Contribution Deductions

The CARES Act (hereinafter “the Act”) was enacted to provide emergency assistance in light of…

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Delay of Payment Employer Payroll Taxes

For the period beginning on the date of enactment through December 31, 2020, the timing…

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Department of Revenue Issues Additional Extensions

With all Pennsylvania Department of Revenue offices closed, including call centers, all business tax licenses…

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The Impact of COVID-19 on Pennsylvania Tax Appeals

The Commonwealth’s response to the COVID-19 virus has had a significant impact on taxpayers’ administrative…

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IRS Extends Deadline to File Gift Tax Returns

The Internal Revenue Service (the IRS) continues to expand the list of return filing and…

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Modification of Credit Prior Year Minimum

The TCJA repealed the Alternative Minimum Tax (AMT) for corporations effective for tax years beginning…

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2020 Recovery Rebates for Individuals

The most publicized part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act…

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SOC 2 Considerations When Moving to a Remote Workforce

Has your organization recently moved to a remote workforce due to the COVID-19 pandemic? Although…

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Tax Day Extended to July 15: What That Means for Pennsylvania Corporate Net Income Tax Payers

As previously discussed, the IRS recently extended the deadline for filing income taxes from April…

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The Impact of COVID-19 on Transfer Pricing Strategies of Multinational Corporations

Corporations operating in almost every country are struggling to cope with repercussions of the COVID-19…

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