In an April 6 memo, the Wisconsin Legislative FiscalBureau provided information regarding certain federal tax law changes enacted in response to the COVID-19 outbreak.
State references to federal law generally provide greater simplicity in preparing tax returns, and they reduce the administrative burden and cost for both taxpayers and the Wisconsin Department of Revenue in assuring compliance with tax laws.
The memo touches upon the Families First Coronavirus Response Act as well as the Coronavirus Aid, Relief and Economic Security (CARES) Act.