As previously reported, the coronavirus (COVID-19) pandemic has prompted a number of state and local actions with guidance for taxpayers on numerous topics, such as providing tax relief through filing and payment deadline extensions.

Congress did not address federal taxation of Provider Relief Fund Payments when the CARES Act became law on March 27, 2020. In this LawFlash, our tax team analyzes the Internal Revenue Service’s recently published answers to frequently asked questions regarding taxation of these payments to healthcare providers.

To keep you abreast of these changes, our tax lawyers have produced a chart, updated regularly, detailing state and local responses to COVID-19.