The Internal Revenue Service is postponing the date for filing gift tax and generation-skipping transfer tax returns and making payments until July 15 because of the novel coronavirus pandemic.
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March 31, 2020
Upcoming Events March 31, 2020
Daily Briefing
IRS postpones deadline for gift and GST taxes due to coronavirus
By Michael Cohn      1 min read
The Internal Revenue Service is postponing the date for filing gift tax and generation-skipping transfer tax returns and making payments until July 15 because of the novel coronavirus pandemic.
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Complete coverage of the coronavirus impact
Accounting Today has launched a comprehensive feed of our coronavirus coverage, with analysis of its impact and how the profession is responding.
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CFOs worried about economic impact of coronavirus
By Michael Cohn      3 min read
Most CFOs polled by PwC expressed great concern for their business and 80 percent anticipate COVID-19 will decrease their revenue or profits this year.
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Art of Accounting: Caring about practice management amid coronavirus
By Edward Mendlowitz      4 min read
We are on new ground with the coronavirus pandemic, and we need to adapt as much and as quickly as possible.
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The fight against sales taxes on professional services goes on
By Roger Russell      5 min read
Maryland and California are the main fronts in a continuing war.
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Navigating the coronavirus crisis
By Danielle Lee
AICPA executives Mark Koziel and Carl Peterson shares strategies, tactics and resources for CPAs trying to make their way through the COVID-19 pandemic.
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Case Studies: Bookkeeping software in 2020
By Ranica Arrowsmith      7 min read
Three firms share very different approaches to handling clients’ books.
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Deadline extended for Accounting Today 'Best Firms for Technology' submissions
By Ranica Arrowsmith      1 min read
Firms will be selected based on the policies and technologies they have in place, their philosophies and strategies surrounding technology in their practice, and their history in leveraging and implementing technology for their own and their clients’ benefit.
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Avoid these traps when dividing partner compensation
By Dom Esposito      5 min read
For small and midsized CPA firms, one of the most common complaints among both line partners and senior management involves compensation and annual adjustments.
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CIMA exams to allow first-ever remote testing during coronavirus crisis
By Sean McCabe      2 min read
Starting May 2020, CIMA students can take their exams outside of testing centers due to the ongoing COVID-19 outbreak.
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AICPA asks IRS for wider tax relief amid coronavirus
By Michael Cohn      4 min read
The American Institute of CPAs wants the Internal Revenue Service and the Treasury Department to give taxpayers more tax filing and payment relief during the COVID-19 pandemic.
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RESOURCES
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Driving performance in financial services: 3 new approaches for the data-driven finance leader →
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2020 buyer's guide to accounting software for financial services firms →
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