Accounting
Tech and tax companies provide free and charitable services during coronavirus pandemic
This list will be updated periodically as companies announce their free services. Original Article Posted at : https://www.accountingtoday.com/list/tech-and-tax-companies-provide-free-services-during-coronavirus-pandemic
Read MoreAICPA, CIMA postpone 2020 Engage conference
The annual accounting and finance event in Las Vegas has been delayed until an unspecified time “later this year” due to the ongoing coronavirus outbreak. Original Article Posted at : https://www.accountingtoday.com/news/aicpa-cima-postpone-2020-engage-conference
Read MoreIRS pushes tax date to July 15, same as payment deadline
Tax forms and payments won’t be due to the Internal Revenue Service until July 15 this year, Treasury Secretary Steven Mnuchin said in a tweet, as the government looks for ways to respond to the coronavirus. Original Article Posted at : https://www.accountingtoday.com/articles/irs-pushes-tax-date-to-july-15-same-as-payment-deadline
Read MoreSenate Republicans Release Economic Relief Plan for Individuals and Businesses
Thursday evening, Senate Republicans released the Coronavirus Aid, Relief and Economic Security (CARES) Act. This bill is intended to be a third round of federal government support in the wake of the coronavirus public health crisis and associated economic fallout, following the $8.3 billion in public health support passed two weeks ago and the Families…
Read MoreStates Should Follow Federal Lead in Postponing Tax Day
This morning, the federal government moved tax day from April 15 to July 15 in response to the coronavirus pandemic, granting more time for both filing and payment. But for many taxpayers, it might not matter much if states don’t follow suit. And right now, only a few have done so. Unfortunately, most states are…
Read MoreTrump moves tax day to July 15 because of coronavirus
Treasury Secretary Steven Mnuchin tweeted Friday that President Trump has directed him to move Tax Day to July 15, giving taxpayers more time to file their taxes in the midst of the coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/news/trump-moves-tax-day-to-july-15-because-of-coronavirus
Read MoreHow have global tax rates on intellectual property stayed so low?
Some common planning techniques have emerged to maintain favorable IP tax rates. Original Article Posted at : https://www.accountingtoday.com/opinion/how-have-global-tax-rates-on-intellectual-property-stayed-so-low
Read MoreTax Fraud Blotter: Sleepy time
Dying to steal; just getting behind; apple and the tree; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-sleepy-time
Read MoreMcConnell coronavirus stimulus plan to give $1,200 to individuals, $2,400 to couples
A centerpiece of the package is tax rebates to individuals of $1,200 and $2,400 for married couples. Rebates are completely phased-out for taxpayers with incomes exceeding $99,000 for individuals or $198,000 for a couple. Original Article Posted at : https://www.accountingtoday.com/articles/mcconnell-plans-to-give-1-200-to-individuals-2-400-to-couples
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