News
The Financial Accounting Standards Board will be meeting next week to discuss the impact of the novel coronavirus pandemic on its stakeholders, including pushing back the effective dates of some of its upcoming accounting standards.
FASB mulls pushing back accounting standards deadlines in response to coronavirus
The Internal Revenue Service and the Treasury Department have reversed course on requiring senior citizens to file a “simple tax return” in order to receive a stimulus payment as part of the coronavirus package passed by Congress last week.
IRS will allow coronavirus stimulus payments for seniors who don’t file tax returns
The TAP also just welcomed 33 new members.
IRS extends deadlines for applying to Taxpayer Advocacy Panel
KPMG and one of its senior partners have been reprimanded and fined 455,000 pounds ($560,000) for failings in its audit of a U.K. company, the latest sanction against the Big Four auditor in recent years.
KPMG reprimanded, again, and fined 0K for audit failings in U.K.
Federal agencies are increasingly sending incorrect benefit payments to Americans, a government watchdog said as the Internal Revenue Service prepares to send more than $292 billion in direct payments to households as part of the government’s coronavirus response.
New stats don’t bode well for error-free coronavirus stimulus payments
Some of the most contested pieces of the 2017 tax overhaul are being revisited as the White House and Congress begin to discuss another round of economic stimulus, including restoring the break for entertaining business clients and lifting the cap on state and local deductions.
Trump, Pelosi put 2017 tax law on table in next coronavirus aid round
NextGen veterans of remote work share their success strategies.
Employees can be “all in” no matter where they work, according to Amy Leschke-Kahle of the Marcus Buckingham Co., an ADP company, provided managers are engaged with them.
As I write this, things are going from bad to worse with the COVID-19 crisis. With the high level of anxiety that comes with a stressful situation, and the equally high level of uncertainty, it’s easy to get distracted. But the fact is that most of us are now working from home, and while this is unfamiliar to many, that isn’t necessarily a bad thing, even though the circumstances that necessitate it are frightening.
Keep in touch: Video and CRM apps to navigate the coronavirus crisis
During these unprecedented times, here are some tips for navigating your team through one of the most tumultuous tax seasons it has ever seen.
