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ResourceShark™ Blog houses our network of website's blog postings. Here you will find a variety of topics ranging from international law to travel destinations and everything in between! If after reading our blogs you find yourself needing help from a professional in that field, please navigate to our home page and use our business directory to find a professional in your area!

IRS closes Practitioner Priority Service and e-Services Help Desk due to coronavirus

By Angelica | Mar 27, 2020 | Comments Off on IRS closes Practitioner Priority Service and e-Services Help Desk due to coronavirus

The Internal Revenue Service said Friday that it is shutting down its Practitioner Priority Service line, the e-Services Help Desk, as well as the e-Services FIRE and AIR system help desks are closed until further notice, due to staff limitations amid the COVID-19 pandemic. Original Article Posted at : https://www.accountingtoday.com/news/irs-closes-practitioner-priority-service-and-e-services-help-desk-due-to-coronavirus

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A message from an emergency physicians to those in business

By Angelica | Mar 27, 2020 | Comments Off on A message from an emergency physicians to those in business

I’m a medical doctor. Day to day, I focus on the practice of emergency medicine. I’ve never considered myself an alarmist. Actually, I’ve been trained to be calm in the face of tragedy. Many of my friends in business are concerned that the medical community and politicians are overreacting to the novel coronavirus. They are…

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Cash-Out Refinance to Eliminate Credit Card Debt

By Angelica | Mar 27, 2020 | Comments Off on Cash-Out Refinance to Eliminate Credit Card Debt

If you’re looking to eliminate your credit card debt, a Cash-Out Refinance is the way to go.  Even in these trying times, homeowners can look to the equity that they have built up in their homes, through rising home values and payments made on the loan, to solve their high-interest debt issues. While many businesses…

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Major changes in RMDs and retirement contributions in $2T stimulus plan

By Angelica | Mar 27, 2020 | Comments Off on Major changes in RMDs and retirement contributions in $2T stimulus plan

The passage extends the IRA contribution deadline and waives RMDs for 2020. Here’s what else financial advisors need to know. Original Article Posted at : https://www.accountingtoday.com/news/new-cares-act-would-bring-tax-relief-for-retirement-accounts

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CIMA exams to allow first-ever remote testing

By Angelica | Mar 27, 2020 | Comments Off on CIMA exams to allow first-ever remote testing

Starting May 2020, CIMA students can take their exams outside of testing centers due to the ongoing COVID-19 outbreak. Original Article Posted at : https://www.accountingtoday.com/news/cima-exams-to-allow-first-ever-remote-testing

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AICPA asks IRS for wider tax relief amid coronavirus

By Angelica | Mar 27, 2020 | Comments Off on AICPA asks IRS for wider tax relief amid coronavirus

The American Institute of CPAs wants the Internal Revenue Service and the Treasury Department to give taxpayers more tax filing and payment relief during the COVID-19 pandemic. Original Article Posted at : https://www.accountingtoday.com/news/aicpa-asks-irs-for-wider-tax-relief-amid-coronavirus

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A message to administrators from physicians: Lead, follow, or get out of the way

By Angelica | Mar 27, 2020 | Comments Off on A message to administrators from physicians: Lead, follow, or get out of the way

We represent the front lines in this ongoing crisis, and we are disheartened by not only the lack of support but overwhelming greed from just about all of you. We have kept our mouths shut and practiced medicine, providing excellent patient care, while many of you became incredibly wealthy on the backs of our hard…

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March 27th Morning State Tax Update

By Angelica | Mar 27, 2020 | Comments Off on March 27th Morning State Tax Update

On March 19 we launched a tracker providing a repository of information related to state fiscal policy responses to COVID-19. We are updating the tracker frequently and will be using the Tax Foundation blog to summarize new developments and provide analysis of relevant trends as they emerge. This post is part of that series. Past Updates:…

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Avoid these traps when dividing partner compensation

By Angelica | Mar 27, 2020 | Comments Off on Avoid these traps when dividing partner compensation

For small and midsized CPA firms, one of the most common complaints among both line partners and senior management involves compensation and annual adjustments. Original Article Posted at : https://www.accountingtoday.com/opinion/avoid-these-traps-when-dividing-partner-compensation

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Survey on the re/insurance implications of Covid-19 coronavirus pandemic

By Angelica | Mar 27, 2020 | Comments Off on Survey on the re/insurance implications of Covid-19 coronavirus pandemic

Alongside our sister publication Reinsurance News, we’ve launched a new survey for the insurance, reinsurance and insurance-linked securities (ILS) industry, asking for your opinion on the market implications of the Covid-19 coronavirus pandemic. We are witnessing history unfolding as a global industry that is profoundly connected and affected – personally and professionally – by the…

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