A package of coronavirus relief legislation that was signed into law Wednesday includes provisions for paid sick leave, family leave and medical leave, along with tax credits to help employers and the self-employed pay for them.
Coronavirus relief law includes tax breaks for paid sick leave, family leave
Bipartisan legislation would extend the deadline after guidance from the Treasury Department fell short.
Senators introduce bill to extend tax-filing deadline to July 15
Officials and employees are working from home and doing inspections of U.S. audit firms remotely to protect them from infection.
PCAOB adjusts its audit inspections to remote work amid coronavirus
The group says the Treasury’s actions so far don’t reflect the difficulties taxpayers and tax professionals are facing.
Here are some ways accounting firms can thrive in the digital age.
U.S. Treasury Secretary Steven Mnuchin said he supports direct payments of $1,000 per adult and $500 per child to Americans within three weeks if Congress backs the plan.
NASBA and the AICPA announced the decision after test administrator Prometric closed its test centers across the United States and Canada for 30 days.
The IRS cautioned tax professionals about a new version of a phishing email scam targeting them.
New email scam targets tax pros warning their EFINs will be suspended
The relief is only for income taxes, and doesn’t change any filing deadlines.
IRS and Treasury offer guidance on deferring tax payments amid coronavirus
One strategy being used across international regions is to utilize value-added tax measures as a flexible and effective response to the economic slowdown.
VAT is becoming the global fiscal tool of choice during the coronavirus downturn
