To help taxpayers struggling with the pandemic, the service will suspend most collection activities.
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Upcoming Events
Daily Briefing
April 22, 2020
Upcoming Events April 22, 2020
Daily Briefing
IRS hits the brakes on collections in response to the coronavirus
By Roger Russell      3 min read
To help taxpayers struggling with the pandemic, the service will suspend most collection activities.
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Timeless blunders: What mistakes are clients making this season?
By Jeff Stimpson      3 min read
Pandemic or not, taxpayers are making many of the same blunders, according to tax professionals.
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FASB proposes to delay leases and rev rec standards due to coronavirus
By Michael Cohn      3 min read
The proposal would delay the effective date for one year for some private companies and nonprofits in applying the leases standard and for franchisor businesses in applying the revenue recognition standard.
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IRS offers tax relief to int'l travelers impacted by coronavirus
By Michael Cohn      2 min read
The Internal Revenue Service and the Treasury Department provided cross-border tax guidance Tuesday to provide relief to individuals and businesses affected by travel disruptions arising from the novel coronavirus pandemic.
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AICPA delays auditing standards for a year due to coronavirus
By Michael Cohn      4 min read
The American Institute of CPAs’ Auditing Standards Board has decided to defer the effective dates of seven of its recently issued Statements on Auditing Standards because of the novel coronavirus pandemic.
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Emotional agility in the age of coronavirus: A crash course
By Jody Padar      4 min read
As CPAs and financial professionals, we are trained to be financially astute, but now we have to master being emotionally astute.
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Keep your pipeline alive now so you can thrive later
By Art Kuesel      3 min read
You can still reach out to prospects even in the midst of the coronavirus pandemic.
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Transfer pricing opportunities in the coronavirus economy
By Frank Vari      6 min read
In a down economy, international planning is even more important.
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In the blogs: The peak
By Jeff Stimpson      3 min read
Stimulus troubles; insuring biz operations; watch those dependents; and other highlights from our favorite tax bloggers.
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LEA Global names new CEO
By Michael Cohn      2 min read
LEA Global, an international accounting firm association also known as the Leading Edge Alliance, has appointed Anthony Szczepaniak as its CEO.
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The 5 steps to switching to a virtual tax practice →
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