The measure contains tax relief for both businesses and individuals, and other stimulus measures.
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IRS Watch
April 1, 2020
Upcoming Events April 1, 2020
$2.2T coronavirus stimulus package signed into law
By Roger Russell      6 min read
The measure contains tax relief for both businesses and individuals, and other stimulus measures.
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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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Virus payments from IRS may take months, not weeks, to hit bank accounts
By Laura Davison      4 min read
Treasury Secretary Steven Mnuchin says he wants direct payments to households to go out within three weeks of Congress passing a stimulus law, yet former IRS officials say those payments could take months to reach households.
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Seven common mistakes in tax preparation
By Tammara Madison
Whether you are a 20-year accounting veteran or just entering the field, it behooves you to keep a list (and check it twice) of the most common tax preparation blunders.
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Senate approves $2.2T coronavirus rescue package with tax breaks
By Michael Cohn      8 min read
The Senate voted 96-0 late Wednesday to approve a sweeping $2.2 trillion stimulus package to help the nation emerge from the coronavirus pandemic.
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IRS lightens taxpayers' compliance and enforcement burden to help with COVID-19
By Jeff Stimpson      2 min read
The Internal Revenue Service is taking a “sweeping series of steps” to help taxpayers during the coronavirus outbreak.
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IRS accepting email and digital signatures on tax documents due to coronavirus
By Michael Cohn      2 min read
The Internal Revenue Service is now accepting email and digital signatures on tax documents to make it easier for tax professionals and taxpayers to communicate with the agency during the novel coronavirus pandemic.
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Intruder alert: What tax pros say to those who interrupt work
By Jeff Stimpson      4 min read
Practitioners share ways to respond to clients who think the postponed deadline means they’re not busy.
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Winners and losers in Congress’s $2T virus rescue plan
By Bloomberg News      7 min read
Days of negotiations between the Trump administration and Congress — and fierce lobbying by industries eager for assistance dealing with the coronavirus outbreak — has yielded a rescue package worth more than $2 trillion in spending and tax breaks.
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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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