20SA_TU_Rev_Proc_2020-25_RetailGlitchFix_1-1

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20SA_TU_Rev_Proc_2020-25_RetailGlitchFix_1-1

TECHNICAL UPDATE REV PROC 2020-25 THE “RETAIL GLITCH” FIX: IMPLEMENTATION April 20, 2020 On Friday, April 17th, 2020, the Internal Revenue Service posted Rev. Proc. 2020-25 to its website. This new revenue procedure provides guidance on how taxpayers can fix the “retail glitch” that was retroactively corrected by H.R. 748, the Coronavirus Aid, Relief, and

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20SA_TU_Rev_Proc_2020-25_RetailGlitchFix_1

Page 1 TECHNICAL UPDATE REV PROC 2020-25 THE “RETAIL GLITCH” FIX: IMPLEMENTATION April 20, 2020 On Friday, April 17th, 2020, the Internal Revenue Service posted Rev. Proc. 2020-25 to its website. This new revenue procedure provides guidance on how taxpayers can fix the “retail glitch” that was retroactively corrected by H.R. 748, the Coronavirus Aid,

Read More...