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President Trump Signs Executive Orders to Extend Unemployment, Defer Payroll Taxes

(CPA Practice Advisor) - Trump said his action authorizes the U.S. Treasury to allow companies to defer payroll taxes for Americans making less than $100,000 a year from Sept. 1 through Dec. 31.



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Lesson From The Tax Court: The Unwritten Advantage Of Small Case Procedure 
(TaxProf Blog) - The written advantages of S-Cases include a quicker trial date and a more informal trial. In Adam Jordan Winslow v. Commissioner (Aug. 3, 2020) the Court allowed the taxpayer a highly dubious alimony deduction based on an argument that would probably not have succeeded in a regular case

Some Office Space Could Get Permanently Cut During the Pandemic. Here’s How Companies Will Cope 
(CNBC) - Working from home has become the norm during the coronavirus pandemic, and Morgan Stanley predicts that office tenants across Asia will permanently give up between 3% and 9% of their existing office space.

All Microsoft’s PowerToys for Windows 10, Explained 
(How-to-Geek) - Microsoft is hard at work on PowerToys for Windows 10. This open-source project adds many powerful features to Windows, from a bulk file renamer to an Alt+Tab alternative that lets you search for windows from your keyboard.

Time’s Finally Up: Preparers Discuss How July 15 Went 
(Accounting Today) - The long wait for the end of the long postponement is over. How did this July 15 compare with regular Tax Day? “‘It was the best of times, it was the worst of times’ applies,” said Joseph McCaffrey, a CPA and partner of operations at Morris + D’Angelo CPAs,

Will Americans Spend the Record Cash They've Saved Amid Uncertain Outbreak and Economy? 
(USA Today) - The savings rate – the portion of monthly income that households are socking away – hit a record 33.5% in April before edging down to a still outsized 19% in June, Commerce Department figures show. Before the pandemic, Americans were squirreling away an average 7.5% of income.

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