President Trump said in an Oval Office address Wednesday night that he would allow individuals and businesses to “defer tax payments without interest or penalties” and he urged Congress to cut payroll taxes as part of a set of measures aimed at providing relief during the coronavirus pandemic.
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March 12, 2020
Upcoming Events March 12, 2020
Daily Briefing
Trump calls for deferral of tax payments for coronavirus victims
By Michael Cohn      4 min read
President Trump said in an Oval Office address Wednesday night that he would allow individuals and businesses to “defer tax payments without interest or penalties” and he urged Congress to cut payroll taxes as part of a set of measures aimed at providing relief during the coronavirus pandemic.
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Will coronavirus create risk or opportunity for your firm?
By Bob Lewis      3 min read
A proactive approach to the impact of the disease on your clients on your clients will make all the difference.
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Cybersecurity in a time of coronavirus
By Ranica Arrowsmith      3 min read
Anything that heightens fear and anxiety is a boon to online scammers, which is what makes the current coronavirus pandemic prime time for cybercriminals to try and trick people into giving their money away to the wrong people.
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Treasury considers extending April 15 tax deadline over coronavirus
By Laura Davison and Saleha Mohsin      4 min read
The U.S. Treasury Department is considering extending the 2019 tax-filing deadline beyond April 15 to provide relief from economic disruption caused by the coronavirus outbreak, according to two people familiar with the matter.
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Biggest tax procrastinators found in California and Las Vegas
By Michael Cohn      2 min read
The states with the most tax-filing procrastinators are California and Nevada, while Las Vegas and Denver were the top cities for those who wait until the last minute, according to a new survey.
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Are you giving your clients an Uber Black experience?
By Kyle Walters      5 min read
How many stars would they give you?
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Baker Tilly acquires data analytics firm Talavant
By Michael Cohn      2 min read
The deal will add more talent to the Top 100 Firm's digital practice.
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Don’t leave talent on the table
By Jennifer Briggs      3 min read
It's long past time for the accounting profession to embrace a new set of vital skills.
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Sanders’s tax-the-rich plan is 2800% larger than Biden’s
By Laura Davison      2 min read
Former Vice President Joe Biden wants to raise taxes on the wealthy. Senator Bernie Sanders wants to send those levies off the charts.
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The end of laptops? and other tech news you may have missed
By Gene Marks
Hundreds of new tools for small businesses, the rise of ransomware, and eight other recent technology developments you may have missed.
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