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AICPA CEO Says IRS Must Extend Tax Filing Deadline
(CPA Practice Advisor) - The American Institute of CPAs’ (AICPA) president and CEO, Barry Melancon, CPA, made the following statement in response to the Treasury’s recent statement on tax payment relief:
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IRS Issues Guidance On Tax Payment Deferrals, Confirms That Tax Filing Due Dates Have Not Been Extended
(Forbes) - As the numbers of confirmed cases of COVID-19 continue to increase in the United States, the federal government is taking action to reduce the impact on taxpayers. Specifically, the Internal Revenue Service (IRS) has officially announced that the due date for making tax payments has been pushed to July 15, 2020.
New Email Scam Targets Tax Pros Warning Their EFINs Will Be Suspended
(Accounting Today) - The phishing email claims the tax preparer’s Electronic Filing Identification Number has been placed on temporary hold and warns the EFIN will be suspended unless the recipient opens an embedded document and confirms or denies they submitted the Form 1040. The embedded “1040” document likely contains malware.
Tax Credits Included in Coronavirus Paid Leave Law
(Kiplinger) - The Families First Coronavirus Response Act creates tax credits to help employers required to provide sick and family leave benefits and self-employed people who can't work because of the coronavirus.
5 More Features Apple Should Have Added to the iPad Pro
(PC World) - The surprise announcement of the new iPad Pro Wednesday brought a ton of changes to Apple’s tablet that will fundamentally change the way we interact with it, from trackpad support...
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