Accounting

Whether you are a 20-year accounting veteran or just entering the field, it behooves you to keep a list (and check it twice) of the most common tax preparation blunders. Original Article Posted at : https://www.accountingtoday.com/list/seven-common-mistakes-in-tax-preparation

This is the new reality: We are all remote now. It’s hard to see an end date, but it’s even harder to imagine what will happen when all 50 states get the all-clear from our leaders. Will everything go back to normal, just like that? Original Article Posted at : https://www.accountingtoday.com/opinion/after-coronavirus-maybe-well-all-work-from-home

Treasury Secretary Steven Mnuchin says he wants direct payments to households to go out within three weeks of Congress passing a stimulus law, yet former IRS officials say those payments could take months to reach households. Original Article Posted at : https://www.accountingtoday.com/articles/virus-payments-from-irs-may-take-months-not-weeks-to-hit-bank-accounts

The Commission is extending the filing periods covered under its previous reporting relief for companies due to the COV-19 pandemic. Original Article Posted at : https://www.accountingtoday.com/news/sec-extends-financial-filing-relief-due-to-coronavirus

The Internal Revenue Service posted a frequently asked questions page about the recently announced delay in tax filing and payments until July 15 because of the novel coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/news/irs-releases-guidance-on-tax-deadline-postponement-for-coronavirus