Resources

• Lawyers' Fund for Client Protection Pre-Certification Provider Application

  Posted on: February 2, 2023/ in Forms

  This is the 2023 application for CPAs to be approved to perform law firm pre-certifications.

• HB 145

  Posted on: June 13, 2022/ in Legislation

  HB 145 created two new income tax deductions related to the DE529 and ABLE programs. Delaware's State Treasurer created this document to explain these changes. Download the document by clicking on the title of this article.

• 2022-23 Nominating Committee Report

  Posted on: May 4, 2022/ in Member Information

  Member Only

• Delaware DOR Technical Information Memorandum 2022-1

  Posted on: January 28, 2022/ in Taxes

  Legislation passed yesterday exempts unemployment benefits received in 2021 from taxable income. This Memorandum advises practitioners about this change and how the exemption of unemployment benefits should be reported on Delaware personal income tax returns.

• Paychex PPP Loan Forgiveness Estimator Update

  Posted on: March 11, 2021/ in COVID-19

  Member Only

• PPP State Tax Treatment Chart

  Posted on: February 1, 2021/ in COVID-19

  Member Only

  Use this chart to determine whether states treat PPP loan forgiveness as taxable income. Also, use this chart to determine whether a state allows the deductibility of expenses paid with PPP loan amounts as provided for federal tax purposes by the Consolidated Appropriations Act, 2021 (CAA).

• Rev. Rul. 2020-27

  Posted on: November 19, 2020/ in COVID-19

  Member Only

• Rev. Proc. 2020-51

  Posted on: November 19, 2020/ in COVID-19

  Member Only

• IRS information on Form 14039-B for Businesses

  Posted on: August 14, 2020/ in IRS

  Member Only

• Changes to Earned Income Tax Regulations

  Posted on: June 18, 2020/ in COVID-19

  The City of Wilmington Administrative Board has made changes to regulations for earned income for the 2020 tax year and subsequent years. The Director of Finance is soliciting comments by July 15.

• An Important Message from the DSCPA Board of Directors

  Posted on: June 8, 2020/ in Member Information

• PPP Loan Forgiveness Calculator

  Posted on: May 19, 2020/ in COVID-19

  Loan Forgiveness Calculator based on information to date.

• SBA Loan Overview

  Posted on: May 8, 2020/ in PCPS

  Member Only

  Use this SBA loan overview comparison to analyze your options.

• Documenting Expenses Related to PPP

  Posted on: May 6, 2020/ in COVID-19

• IRS Guidance on Deductibility of Certain Expenses When Taxpayer Recieves PPP

  Posted on: May 1, 2020/ in COVID-19

  IRS Notice 2020-32 provides guidance regarding the deductibility for Federal income tax purposes of certain otherwise deductible expenses incurred in a taxpayer’s trade or business when the taxpayer receives a loan pursuant to the Paycheck Protection Program.

• SBA Guidance on PPP for Self-Employed

  Posted on: April 15, 2020/ in COVID-19

• AICPA Contacts for Help

  Posted on: April 14, 2020/ in COVID-19

• AICPA Recommendations for PPP Lender Documents

  Posted on: April 14, 2020/ in COVID-19

• PEEC Guidance on Impact of Accepting PPP Agent Fees on Independence

  Posted on: April 14, 2020/ in COVID-19

• Notice 2020-26 - Extension of Time to File Application for Tentative Carryback Adjustment

  Posted on: April 13, 2020/ in COVID-19

  Notice 2020-26 provides relief for certain taxpayers to allow them to take advantage of amendments made to the net operating loss (NOL) provisions set forth in § 172 of the Internal Revenue Code (Code) by section 2303 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Public Law 116-136, 134 Stat. 281 (March 27, 2020). Specifically, this notice extends the deadline for filing an application for a tentative carryback adjustment under § 6411 of the Code with respect to the carryback of an NOL that arose in any taxable year that began during calendar year 2018 and that ended on or before June 30, 2019.