We are closely monitoring the latest developments related to the COVID-19 pandemic and will regularly update this page with news and information as we receive it.
Your COCPA team is working remotely to help you, so please be in touch via live chat or by phone, 303-773-2877. We’ll keep you posted on future office plans here and by email. Stay safe and healthy.
CEO Mary E. Medley published an update for members in the March 30, 2020 edition of NewsQuick regarding new phishing tactics, legislative and regulatory updates, and upcoming COCPA learning opportunities.
Effective immediately, the IRS will begin temporarily accepting images of signatures (scanned or photographed) and digital signatures on documents related to the determination or collection of tax liability.
Governor Polis has issued a new Executive Order requiring Coloradans to stay at home except for activities or tasks that are “critical to their health and safety, or to the health and safety of their family or household members or to go to or return from critical work.” The Order takes effect March 26 and will remain in place until April 11.
The U.S. Department of Labor released its first round of guidance on the Families First Act. The DOL, IRS, and Treasury are working together to create this – and future – guidance. The guidance includes:
The Order “requires all individuals anywhere in the City and County of Denver to shelter in place – that is, stay at home – except for certain essential activities and work to provide essential business and government services or perform essential public infrastructure construction, including housing.”
Notice 2020-18 was released hours after Treasury Secretary Steven Mnuchin had broken the news in a tweet.
Colorado Governor Jared Polis has ordered the suspension of statute to extend the income tax payment deadlines for all Colorado taxpayers to quickly provide relief from payment and penalties due to the coronavirus disease 2019 (COVID-19) disaster emergency in Colorado.
In response to the national emergency and to protect our employees, America’s taxpayers, communities, and our partners, the IRS has temporarily closed all Taxpayer Assistance Centers and discontinued face-to-face service throughout the country until further notice. The IRS is continuing to process tax returns, issue refunds, and help taxpayers to the greatest extent possible.
The IRS has established a special section focused on steps to help taxpayers, businesses, and others affected by the coronavirus. This page will be updated as new information is available. For other information about the COVID-19 virus, visit the Centers for Disease Control and Prevention (CDC) (https://www.coronavirus.gov) for health information. Other information about actions being taken by the U.S. government is available at https://www.usa.gov/coronavirus and in Spanish at https://gobierno.usa.gov/coronavirus. The Department of Treasury also has information available at Coronavirus: Resources, Updates, and What You Should Know.
Additional News & Professional Updates
Our online learning options let you keep learning from anywhere. Find live or on-demand options in a variety of fields of study.
Your COCPA is committed to representing the CPA profession at the local, state, and federal level. We work year-round to achieve the best possible legislative outcomes for the profession, and to represent you and your interests before the various boards and commissions that set regulatory standards for CPAs in Colorado.
The AICPA has provided resources and a list of potential options for firms impacted by recent travel restrictions and health concerns as it relates to peer review procedures. Click below to read more.
If you have questions about peer review during this time, please contact Jill Turner, COCPA Peer Review Coordinator, at email@example.com or by calling 303-741-8605.
COCPA Connect is available to members 24/7 from any device. Use our online discussion platform to ask questions, give answers, and stay connected during these unprecedented times.