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Becky Phillips, chair of the KyCPA Nominations and Awards Committee, presents nominees for the 2020-2021 Board of Directors. Additional nominations will be accepted until May 26, 2020 via a written and signed petition sent to the Secretary/Treasurer, KyCPA at 1735 Alliant Avenue, Louisville, KY 40299. If no petitions are received by that date, the candidates recommended by the Nominations and Awards Committee will be declared elected.
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We have noted the large number of companies that have appropriately reevaluated their need for PPP loans and promptly repaid loan funds in response to SBA guidance reminding all borrowers of an important certification required to obtain a PPP loan.
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The Internal Revenue Service announced significant enhancements to the “Get My Payment” tool to deliver an improved and smoother experience for Americans eligible to receive Economic Impact Payments.
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At the direction of Governor Beshear and SB 150, the Kentucky Department of Revenue will adopt the income tax relief set forth in Internal Revenue Service (IRS) Notice 2020-18, Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic, as well as the additional relief provided in IRS Notice 2020-20 and Notice 2020-23. This income tax relief is applicable to individual, corporate, limited liability, fiduciary and pass-through filers with filing and payment deadlines of on or after April 15, 2020, and before July 15, 2020.
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“I have learned so much about leadership, presentation skills, and professionalism during my volunteer time; it has served me well and will continue to serve me in the future.”
—Elizabeth Rankin, CPA, owner of ANEW 401K TPA, LLC | Member since 1998
