The guys in the brown uniforms became United Problem Solvers; why are you still pushing tax returns? | The coronavirus effect: How has your business changed? | As part of our effort to probe the impacts of and responses to the coronavirus pandemic, Arizent has been conducting surveys of leaders in financial and professional services. We ask you to take part by completing our newest 10-minute survey, and look for results in upcoming editorial coverage. | |
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| | Treasury begins sending $1,200 rescue payments this week | By Laura Davison 2 min read | Americans will start to receive stimulus payments this week, a centerpiece of the $2.2 trillion rescue package meant to provide a buffer against the coronavirus pandemic that’s shuttered much of the U.S. economy. | | IRS extends more tax deadlines due to coronavirus | By Michael Cohn 4 min read | The Internal Revenue Service and the Treasury Department are extending a number of tax deadlines for individuals, trusts, estates, corporations and others due to the impact of the novel coronavirus. | |
AICPA highlights tax filing shortcomings related to coronavirus relief | By Michael Cohn 3 min read | The American Institute of CPAs has posted a set of frequently asked questions and answers aimed at helping CPAs and their clients with tax filing and tax relief in response to the novel coronavirus pandemic, while pointing out the various shortcomings in the federal government’s response. | |
Cherry Bekaert acquires Tax Advantage Group | By Michael Cohn 2 min read | Cherry Bekaert, a Top 25 Firm based in Richmond, Virginia, has acquired Tax Advantage Group, a consulting firm in Greenville, South Carolina that specializes in providing services related to the New Markets Tax Credit to clients across the U.S. | |
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. | | |