Accounting
Will COVID-19 Cause A Decline In Property Taxes?
The COVID-19 pandemic is driving a sharp decline in state and local income and sales tax revenues . But history suggests that one key local…
Read MoreIRS says it will not extend tax filing deadline beyond July 15
The Internal Revenue Service won’t further delay the tax filing and payment deadline past July 15, despite requests to do so, the agency said Monday. Original Article Posted at : https://www.accountingtoday.com/articles/irs-says-it-will-not-extend-tax-filing-deadline-beyond-july-15
Read MoreSASB opens new project to set standards for plastics reporting
The Sustainability Accounting Standards Board voted during an online meeting last week to open a new standard-setting project to address single-use plastics and bio-alternatives in the chemicals and pulp and paper industries. Original Article Posted at : https://www.accountingtoday.com/news/sasb-opens-new-project-to-set-standards-for-plastics
Read MoreNew Taxpayer Advocate sees tax challenges from CARES Act
National Taxpayer Advocate Erin Collins released her first report to Congress Monday, discussing some of the difficulties confronting taxpayers and the IRS during the COVID-19 pandemic. Original Article Posted at : https://www.accountingtoday.com/news/new-taxpayer-advocate-sees-tax-challenges-from-cares-act-amid-coronavirus
Read MoreArt of Accounting: Developing a niche or specialty
It is important to develop a specialty, but it needs to be balanced with the needs of the practice and your interests. Original Article Posted at : https://www.accountingtoday.com/opinion/art-of-accounting-developing-a-niche-or-specialty
Read MoreHandling your own mistakes
Every accountant and financial planner will make mistakes, says John Napolitano of U.S. Wealth Management — the question is how you handle them. Original Article Posted at : https://www.accountingtoday.com/podcast/handling-your-own-mistakes
Read MoreCorporate audits fell 71% as coronavirus pandemic crippled IRS
The IRS initiated 71% fewer corporate audits this spring compared with the same time period a year ago as the coronavirus pandemic halted many agency operations. Original Article Posted at : https://www.accountingtoday.com/articles/corporate-audits-fell-71-as-coronavirus-pandemic-crippled-irs
Read MoreEase up on multiple CAF requests, IRS asks
Multiple submissions for access to the same account slows processing times. Original Article Posted at : https://www.accountingtoday.com/news/ease-up-on-multiple-caf-requests-irs-asks
Read MoreLuckin seeks chairman’s resignation amid accounting scandal
Luckin Coffee Inc.’s board will require Chairman Charles Zhengyao Lu to resign, adding to the fallout from an accounting scandal that has battered the onetime market darling. Original Article Posted at : https://www.accountingtoday.com/articles/luckin-seeks-chairmans-resignation-amid-accounting-scandal
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