Look for the opportunities amid COVID-19: AICPA

A recent webcast urged businesses to focus on potential upsides and customer/employee engagement amid the coronavirus outbreak. Original Article Posted at : https://www.accountingtoday.com/news/look-for-the-opportunities-amid-covid-19-aicpa

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‘Challenges create opportunities’

CohnReznick’s newly installed CEO, David Kessler, shares the challenges facing his Top 100 Firm and the profession at large — as well as how the firm has reacted to the coronavirus. Original Article Posted at : https://www.accountingtoday.com/podcast/challenges-create-opportunities

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Staying connected amid disconnection

With offices closed, and staff and clients scattered, maintaining relationships (and sanity) can be hard. Original Article Posted at : https://www.accountingtoday.com/list/staying-connected-amid-disconnection

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Senate Republicans and Democrats offer competing tax proposals for coronavirus

Republicans and Democrats in the Senate have released separate sets of tax proposals aimed at alleviating the effects of the novel coronavirus pandemic, in contrast to the two bipartisan bills that have been signed into law already. Original Article Posted at : https://www.accountingtoday.com/news/senate-republicans-and-democrats-offer-competing-tax-proposals-for-coronavirus

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Trump tax-return fight put on hold again to await McGahn ruling

U.S. District Judge Trevor McFadden in Washington issued a stay on the tax case Friday — the second in two months — to wait for a full federal appeals court. Original Article Posted at : https://www.accountingtoday.com/articles/trump-tax-return-fight-put-on-hold-again-to-await-mcgahn-ruling

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Are States Prepared for Skyrocketing Unemployment Insurance Claims?

Unemployment claims are going to tax state unemployment compensation trust funds beyond their limits. We need to start thinking about what to do about it. The joint federal-state system of unemployment insurance (UI) is a key component of the governmental response to the COVID-19 crisis, meeting the immediate needs of workers who are laid off…

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