March 24, 2020

COVID-19 Government Relations Daily Summary

Illinois Department of Revenue-Extension of State Income Tax Filings/Payments
The Illinois CPA Society is in ongoing discussions with the Governor’s staff and the Director of Revenue regarding the extension of state income tax filing and payments.  We are strongly encouraging that Illinois filing and payment deadlines be extended in alignment with federal extensions. We have also asked for an imminent decision and official pronouncement.  Attached is a letter to Governor Pritzker with our legal interpretation and request for extension.  We will continue to keep you informed of developments and any IDOR Informational Bulletins.

IRS Notice 2020-18                                                                                                                                       
The Internal Revenue Service published Notice 2020-18 outlining automatic extension of Federal Income Tax returns to July 15, 2020 for specified taxpayers affected by COVID-19.  IRS Notice 2020-18 provides details to the Secretary of the Treasury’s announcement of the April 15th Federal tax filing deadline as originally posted in ICPAS COVID-19 Government Relations Daily Summary (COVID-19 (02).  

Illinois Attorney General-Estate Tax Filing
Due to COVID-19 closures and reduced operating staff, estates with returns and payments due between March 16, 2020 and April 15, 2020 will receive a 30-day extension for filing and payment.  An extension does not waive or abate statutory interest.  Payments must be sent to the Illinois State Treasurer's Office using an online fileable form.  For those filing in person, be aware that staff may not be available in the Springfield Office and those filing in Chicago may access the James R Thompson Center through the Lake street entrance.  

Illinois Attorney General-Charitable Trust Filings
The Illinois Attorney General Charitable Trust Bureau has posted a COVID-19 message addressing extensions for Charitable Filings.  A designated phone number has been identified for a request for an extension of a requested filing.  Compliance staff will grant an extension of filing for 60 days from the original due date.  

Essential Businesses & Operations-Executive Order 20-10
Executive Order 20-10 requires non-essential businesses and operations to cease all activities except for minimum basic operations.  Non-essential businesses may also continue operations consisting exclusively of employees or contractors working from home.  The Illinois Department of Commerce and Economic Opportunity has developed a roster of essential businesses and operations identified in Governor Pritzker’s Executive Order 20-10.  The roster identified businesses and services that are considered essential.  
Additionally, the State of Illinois has created a Coronavirus Response website and posted Business FAQs responding to questions of business operations.  The website also includes FAQs on individuals and a special section on Unemployment FAQs. 
The roster of essential businesses and the business FAQs are useful resources for your practice areas and for your clients.  We have also attached and Illinois Executive Orders Compendium that includes a summary of the seven COVID-19 Executive Orders that have been issued.

IDFPR Issues Variances for Specified Licensure Renewals and CE

The Secretary of the Illinois Department of Financial and Professional Regulation has issued a proclamation granting variances to SPECIFIED licenses extending their renewal deadlines and CE requirements.  While the proclamation does not address CPAs (2018 License Renewal Year), there are other specified licenses that may impact your clients or if you or your colleagues possess multiple state professional licenses.  

State Treasurer Makes Low-Interest Bridge Loans for Businesses
Financials Institutions can become an approved Program Depository.
State Treasurer Mike Frerichs has announced his office will make $250 million available to Illinois banks and credit unions that wish to participate in low-interest bridge loan program.   Financial Institutions must apply here

State Court Operations
The Illinois Supreme Court has issued an emergency order to extend trials in the midst of the COVID-19 pandemic.  The Court’s order specifies that the Chief Judge of each circuit may continue trials for the next 60 days.  Any criminal case that is delayed from an emergency continuance will not be tolled against the defense.  All civil cases and family court matter have been delayed.

The Families First Corona Virus Response Act                                                                                      
The United State Chamber of Commerce has produced an analysis of House Resolution 6201 signed by the President last week.  Several members have called with questions regarding paid sick leave requirements and other questions about the application of the legislation.   

DOL to Host Online Dialogue                                                                                                                 
The U.S. Department of Labor will be hosting a national online dialogue to provide employers and employees with an innovative opportunity to offer their perspective as the Department develops compliance assistance materials and outreach strategies related to the implementation of the Families First Coronavirus Response Act (FFCRA). The ideas and comments gathered from this dialogue will inform compliance assistance guidance, resources, and tools, as well as outreach approaches, that assist employers and employees in understanding their responsibilities and rights under the FFCRA. DOL needs your input by March 29, 2020. Anybody who is interested can participate online from March 23 through March 29, 2020 or can join a Twitter chat hosted by @ePolicyWorks on March 25, 2020 at 2 p.m. using the hashtag #EPWChat.
For more information on the requirements of FFCRA, please visit:
Advocacy Contact: Janis Reyes - [email protected]

See ICPAS Government Relations Digital Library of COVID-19 Regulatory Updates.