Accounting
Abacus Worldwide and JHI Association to merge
The two accounting associations have signed a Letter of Intent to merge, effective Sept. 1, 2020. Original Article Posted at : https://www.accountingtoday.com/news/abacus-worldwide-and-jhi-association-to-merge
Read MoreResearch credit studies can expedite IRS tax audits
Throughout most of its decades-long history, research credit audits have exposed areas of misunderstanding and, in many circumstances, led to major disagreements with the IRS. Original Article Posted at : https://www.accountingtoday.com/opinion/research-credit-studies-can-expedite-irs-tax-audits
Read MoreWhite House, Pelosi weigh next stimulus amid ire over last coronavirus bill
One possible move is getting rid of the limit on state and local tax deductions, or SALT, that was part of the 2017 tax overhaul. Original Article Posted at : https://www.accountingtoday.com/articles/white-house-pelosi-weigh-next-stimulus-amid-ire-over-last-bill
Read MoreGas Tax Revenue to Decline as Traffic Drops 38 Percent
The coronavirus pandemic is affecting most aspects of the economy, and motor fuel consumption is no exception. As social distancing recommendations, shelter-in-place-orders, and quarantines have upended American life in an effort to slow the spread of the virus, road traffic has declined dramatically around the country. While the mitigation policies will be felt across most…
Read MoreThe keys to leading a remote team
Having your staff work from home is about much more than making sure their technology works. Original Article Posted at : https://www.accountingtoday.com/opinion/the-keys-to-leading-a-remote-team-amid-the-coronavirus-pandemic
Read MoreIRS accepting email and digital signatures on tax documents due to coronavirus
The Internal Revenue Service is now accepting email and digital signatures on tax documents to make it easier for tax professionals and taxpayers to communicate with the agency during the novel coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/news/irs-accepting-email-and-digital-signatures-on-tax-documents-due-to-coronavirus
Read MoreNew Jersey Waives Telework Nexus During COVID-19 Crisis
New Jersey is temporarily waiving corporate nexus arising from employees teleworking due to the COVID-19 pandemic—a response to the crisis that other states should follow. As we have noted previously, when employees work in a state in which their employer does not otherwise operate, that can give their employer sufficient contacts (“nexus”) with the state…
Read MoreWhat Tax Experts Can Contribute: Lessons from World War II
The United States is facing an immense human tragedy. According to one influential analysis , up to 2 million Americans could die from COVID-19 in…
Read MoreIRS employees ordered to work from home to avoid coronavirus
The Internal Revenue Service has asked all of its employees to work from home as a result of the coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/news/irs-employees-ordered-to-work-from-home-to-avoid-coronavirus
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