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Necessity is the mother of invention, and in no time is invention more necessary than during a global pandemic. Starting with the drive-through testing clinics pioneered overseas that spread to the United States (big shout-out to the University of Washington for putting step-by-step instructions for how to start your own drive-through clinic on their COVID-19…
Read MoreThe IRS cautioned tax professionals about a new version of a phishing email scam targeting them. Original Article Posted at : https://www.accountingtoday.com/news/new-email-scam-targets-tax-pros-warning-their-efins-will-be-suspended
Read MoreAs a cardiologist, a mom of three school-aged kids, a physician’s wife, and associate dean of student affairs, I am acutely aware of how the COVID-19 pandemic has affected our communities. In this time of constant change and concern, it is important to find joy in whatever we can. This week is Match Week. Instead…
Read MoreAlthough the precautionary measures to contain the spread of the new coronavirus and COVID-19 are efforts to protect the community, the notification of your child’s school closing may have landed like one of your worst nightmares. Children thrive on routine and predictability, both of which are in short supply right now for families across the…
Read MoreTaxpayers can defer tax payments of up to $1 million until July 15 in response to President Trump’s emergency declaration granting relief amid the COVID-19 pandemic. Original Article Posted at : https://www.accountingtoday.com/news/irs-and-treasury-offer-guidance-on-deferring-tax-payments-amid-coronavirus
Read MoreThe coronavirus-related lockdowns and quarantines are causing a major but temporary pause in economic activity. Many jobs and paychecks have been suspended. Congress and the Trump Administration are exploring tax relief and changes to unemployment benefits for individuals. Many businesses will experience a sharp reduction in cash flow, impairing their ability to make payroll, rent,…
Read MoreI am a geriatric psychiatrist and am an osteopathic physician. The art of touch is a major part of my practice. I am the medical director of an inpatient geriatric facility. The patients that I see on the unit are typically suffering from dementia with behavioral disturbance. They are often agitated and anxious. For me,…
Read MoreOne strategy being used across international regions is to utilize value-added tax measures as a flexible and effective response to the economic slowdown. Original Article Posted at : https://www.accountingtoday.com/opinion/vat-is-becoming-the-global-fiscal-tool-of-choice-during-the-coronavirus-downturn
Read MoreThe current coronavirus outbreak has policymakers around the world advancing policies to counteract the economic effects of the crisis. Those economic effects are likely to be severe, and policymakers should consider how the structure of their tax systems might result in deep revenue losses or hamper an economic recovery once the health risks have subsided.…
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