The Sept. 15 tax filing deadline is causing worries among taxpayers and tax practitioners in the midst of the pandemic, but the American Institute of CPAs believes that taxpayers will be able to avoid tax penalties if they write “COVID-19” at the top of their tax return. The tax season that never ends | By Daniel Hood | It's been a most unusual year for tax pros, and National Conference of CPA Practitioners president Neil Fishman dives into the major issues — and what's to come. | | House rejects Trump’s payroll tax deferral for its staff | By Erik Wasson and Laura Davison 2 min read | The U.S. House of Representatives won’t implement President Donald Trump’s order allowing employers to defer payroll taxes owed by workers, joining major companies in rejecting the option. | |
Major companies reject Trump’s payroll tax deferral | By Laura Davison and Steve Matthews 3 min read | A month after President Donald Trump moved to shore up workers’ incomes by giving employers the option of deferring payroll taxes, the effort has failed to energize a U.S. economy still reeling from the coronavirus pandemic. | | |