As we find ourselves in these unprecedented times, amidst the global Coronavirus pandemic we would like to reassure you that the health and well-being of our members, members’ staff, clients, and our staff, remain our highest priority. Please check our CPE Calendar and Events pages www.arcpa.org periodically for any updates as a result of COVID-19, such as postponements or cancellations. ARCPA strives to maintain normal operating hours; however, many of our staff are working remotely. If needed, please contact us by email
Below are links to helpful sites that may be of guidance to you at this time.
Treasury and IRS Issue Guidance on COVID-19 Response
IRS 2020-23 Update to Coronavirus Relief (Update to Notice 2020-18, Additional Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic)
IRS 2020-18 Coronavirus Relief (This notice restates and expands upon the relief provided in Notice 2020-17).
Internal Revenue Service (IRS) has established a special section focused on steps to help taxpayers, businesses and others affected by COVID-19. This page will be updated as new information is available. https://www.irs.gov/coronavirus
AR Dept. of Finance and Admin. Filing and payment deadlines as of 3/27/2020
https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/IncomeTaxExtension.pdf; Frequently Asked Questions https://www.dfa.arkansas.gov/news/details/covid-19-dfa-frequently-asked-questions
United States Treasury steps to keep yourself protected and secure. https://home.treasury.gov/coronavirus
U.S. Small Business Administration as of 8/4/2020 additional guidance about Paycheck Protection Program (PPP) loan forgiveness.
information on SBA loans https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
Centers for Disease Control and Prevention (CDC) https://www.coronavirus.gov for health information.
U.S. Department of Labor guidance for employees and employers https://www.dol.gov/newsroom/releases/whd/whd2020032
Journal of Accountancy news stories, columns, tips, podcasts, and videos https://www.journalofaccountancy.com/
American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants AICPA COVID 19 Resource Center and AICPA Recommendations PPP Lender Documents Final 4-7-2020
AICPA’s revised PPP Loan Forgiveness calculator (link downloads Excel file automatically)
AICPA’s PPP Loan Forgiveness Services Matrix to help navigate various engagements or other services around documenting expenses related to PPP forgiveness, includes links to sample letters for various engagements and documentation, along with links to guidance that CPA firms should consider for each type of service and the relationship they have with the client.
AICPA Benevolent Fund provides short-term assistance for members More Information
Arkansas Attorney General Leslie Rutledge's resources to keep Arkansans protected https://arkansasag.gov/
Arkansas Dept. of Finance and Administration (DFA) Office of Income Tax Administration https://www.dfa.arkansas.gov/
Arkansas State Chamber provides updates on everything related to COVID-19 https://www.arkansasstatechamber.com/covid-19-coronavirus-and-arkansas/
Arkansas Economic Development Commission helping Arkansas businesses and employees combat effects of COVID-19 https://www.arkansasedc.com/covid19
United Way worldwide COVID-19 Community Response and Recovery Fund supports communities by helping local United Ways respond.