The current pandemic offers opportunities for firms that are ready to change.
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April 8, 2020
Upcoming Events April 8, 2020
Daily Briefing
Can your firm thrive from the coronavirus?
By Bob Lewis      3 min read
The current pandemic offers opportunities for firms that are ready to change.
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Coronavirus: Stay up to date
Accounting Today has compiled in one place all its coverage of the pandemic, how it's affecting the industry, and what you need to know going forward.
Click here
 
Global economic confidence plummets due to coronavirus, say ACCA and IMA
By Michael Cohn      3 min read
The pandemic has prompted confidence among accountants to fall to its lowest levels on record in all regions of the world during the first quarter of the year.
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Coronavirus and Wayfair decision affecting state tax revenues
By Roger Russell      4 min read
The coronavirus has caught a number of states off guard, threatening their revenue and impairing their ability to meet obligations that have grown as a result of the epidemic.
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Why I have confidence auditors are ready to meet this time of economic uncertainty from coronavirus
By Julie Bell Lindsay      3 min read
COVID-19 has created the largest health and economic crisis in decades.
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Most taxpayers lack 1099 forms for reporting crypto transactions
By Michael Cohn      6 min read
The Internal Revenue Service is including a question at the top of Schedule 1 of the Form 1040 this year asking taxpayers whether they received, sold, sent, exchanged or acquired a financial interest in virtual currency in 2019, but most taxpayers won’t have any record from a Form 1099 about their cryptocurrency transactions.
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Be clear, be calm during coronavirus
By Kyle Walters      5 min read
Establish a communication plan now, so your firm can come out of this crisis stronger than ever. Here are three key steps to follow.
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U.S. government’s financial condition worsened by $8.16T in 2019
By Michael Cohn      1 min read
Even before the start of the coronavirus pandemic, the federal government was facing dire financial conditions, with its overall financial condition worsening by $8.16 trillion in 2019, according to a new analysis.
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AI-driven bot 'Sophie' answers coronavirus-related questions
By Ranica Arrowsmith      2 min read
The program is designed to stop the spread of misinformation, answering basic questions about vaccines and testing.
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In the blogs: Fretting
By Jeff Stimpson      2 min read
The PPP; customer service now; answers and CARES; and other highlights from our favorite tax bloggers.
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Considerations in an uncertain economic environment amid coronavirus
By David McGuire      3 min read
It is important to look at cost segregation and what it can do for a taxpayer.
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