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Tech Tips for Firms Responding to Coronavirus (JofA) - Busy season has taken on a new meaning because of coronavirus concerns, which have forced firms and other organizations to quickly set up alternate work environments. Les Nettleton, director of information technology at New Orleans firm Bourgeois Bennett, has firsthand experience in crisis planning...
Will Coronavirus Make Working from Home the New Norm? (CPA Practice Advisor) -Besides the obvious health benefits (e.g., fewer human interactions and possibilities for being infected), employees donât waste time commuting, save on transportation costs and can be more productive. Plus, they are able to work at their own pace.
IRS Announces Waivers for Offer in Compromise Applications (IRS) - The Internal Revenue Service announced the release of final regulations that increase the Offer in Compromise application fee to $205 and provide an additional way for the IRS to waive the Offer in Compromise application fee for low-income taxpayers, based on their adjusted gross income (AGI).