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How the Deadline Postponement is Affecting Tax Preparers

(Accounting Today) - The pandemic has officially pushed filing day for the federal government and a growing list of states into the summer. As it’s done to many other aspects of society, the outbreak has also upended the definition of “reprieve” for preparers.

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IRS Posts FAQs About Coronavirus-related Filing and Payment Extensions 
(JofA) - The IRS posted 24 questions and answers to clarify the notice delaying certain tax filing and payment deadlines until July 15.

White House, Senators Strike Deal on Massive Stimulus Package 
(Bloomberg) - The Trump administration struck a deal with Senate Democrats and Republicans on an historic rescue package that tees up more than $2 trillion in spending and tax breaks to bolster the hobbled U.S. economy.

Companies Help Hourly Workers Get Through COVID-19 
(CFO) - Eight in 10 CFOs say they'll offer benefits and/or monetary compensation that exceed their contractual obligations to hourly employees.

Why is Zoom Suddenly Everywhere? 
(Business Insider) - Zoom, a teleconferencing application typically used by businesses, has become the hot new way for people to connect while social distancing during the coronavirus pandemic.

The Best Work From Home Apps for iPhone and Android 
(How-to-Geek) - Your phone is an essential companion when you work from home. Apps can help with everything from video-conferencing and communication, to exercising, relaxation, and fetching the groceries. Here are the apps we recommend.

Accountants most costly weakness

Accountants are adept at analyzing facts and turning them into insights for their clients. But that strength can keep them their comfort zone. Learn how to break this tendency in your accounting practice so you can thrive. Read our free article.
Offer Client Accounting Services in 90 days

To offer Client Accounting Services (CAS), you don’t need to be a big firm - and you don't need new clients. Learn how to leverage your existing skills and clients to start a profitable CAS practice. Read our post.

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