The new format aims to showcase the IRS’s work in fiscal year 2019, along with an additional message about its response this year to the novel coronavirus pandemic.
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July 1, 2020
Upcoming Events July 1, 2020
Daily Briefing
IRS revamps annual data book to highlight new areas of importance
By Michael Cohn      5 min read
The new format aims to showcase the IRS’s work in fiscal year 2019, along with an additional message about its response this year to the novel coronavirus pandemic.
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Payrolls returning slowly amid coronavirus pandemic
By Michael Cohn      3 min read
The labor market has a long road ahead as businesses try to adjust to the outbreak of the COVID-19 pandemic.
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M&A roundup: BDO, RubinBrown, Wessel and Hancoock Askew expand
By Michael Cohn
BDO USA is adding CFO Advisors and MorganFranklin Consulting’s public sector practice; RubinBrown Advisors combines with Wealth Management Advisors; Wessel & Company merges in Perry & Company; and CA P.A. joins Hancock Askew & Co.
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Inside the intentionally defective grantor trust
By Roger Russell      4 min read
IDGT’s are particularly useful estate planning tools in a low-interest-rate environment.
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Incoming GASB chair’s lack of state audit experience prompts questions
By Bill Bergman      3 min read
When Joel Black succeeds David Vaudt as chair on July 1, none of the board's seven members will have served as a state auditor or treasurer.
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Small businesses start to reopen and add employee hours, Paychex finds
By Michael Cohn      3 min read
As small businesses in different parts of the country reopen in the midst of the novel coronavirus pandemic, they are beginning to increase the number of hours worked by their employees, according to payroll giant Paychex, although spikes in the virus are threatening to set back those gains.
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IRS says it will not extend tax filing deadline beyond July 15
By Laura Davison      1 min read
The Internal Revenue Service won’t further delay the tax filing and payment deadline past July 15, despite requests to do so, the agency said Monday.
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Filling the gaps in a client's financial plan
By John P. Napolitano
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In the blogs: You knew this was coming
By Jeff Stimpson      3 min read
Audits plunge; new pricing survey; Mnuchin does Europe; and other highlights from our favorite tax bloggers.
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SASB opens new project to set standards for plastics reporting
By Michael Cohn      5 min read
The Sustainability Accounting Standards Board voted during an online meeting last week to open a new standard-setting project to address single-use plastics and bio-alternatives in the chemicals and pulp and paper industries.
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