The IRS is making some changes in its collection program to lessen the burden on taxpayers with outstanding tax debts who are trying to cope with the economic fallout of the COVID-19 pandemic.
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November 3, 2020
Upcoming Events November 3, 2020
Daily Briefing
More flexibility for taxpayers with tax debts amid coronavirus
By Michael Cohn      4 min read
The IRS is making some changes in its collection program to lessen the burden on taxpayers with outstanding tax debts who are trying to cope with the economic fallout of the COVID-19 pandemic.
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NABA looks to partner with firms to diversify accounting profession
By Michael Cohn      4 min read
The National Association of Black Accountants is hoping to expand its partnerships with accounting firms and corporate America to bring more diversity to the accounting profession.
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A look ahead: The future of the profession
Neil Fishman and Mark Stewart — the outgoing and incoming presidents of the National Conference of CPA Practitioners, respectively — share the issues they've been working on, and what they see coming for the accounting profession.
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Art of Accounting: Never sell clients short
By Edward Mendlowitz      2 min read
Clients think about their businesses much more than accountants do about them.
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Critical skills to tackle uncertainty
By Gary Shamis      2 min read
Firms need to sharpen their abilities in these four areas.
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Software Survey: Staying in touch with CRM
By Ted Needleman      8 min read
Intensively managing client relationships is more important than ever — and there are tools to help.
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Coronavirus exposes internal auditors to new risks
By Michael Cohn      3 min read
Internal auditors are facing risks during the COVID-19 pandemic in business continuity, crisis management, cybersecurity and other areas, according to a new report.
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James Corden to host Thomson Reuters’ user conference
By Ranica Arrowsmith      2 min read
Attendees will have the opportunity to earn up to 36 CPE credits throughout the week, double the amount typically available at Synergy in past years.
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Accounting profession linked to economic development
By Michael Cohn      1 min read
Accountants can make a significant contribution to the economy at the local, national and global levels, according to a new report from the International Federation of Accountants.
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Trump perks for CFO included free rent, tax preparer
By Caleb Melby      6 min read
When Trump Organization CFO Allen Weisselberg’s son got married in 2004, the young couple got a generous wedding gift: use of an apartment, overlooking Central Park, rent-free.
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RESOURCES
WEB SEMINAR
Forward together: Building resilience through innovation
2020 has been a period of uncertainty and change, but also opportunity for accounting firms. How they’ve fared during these last months has depended in large part on how they’ve been able to be agile and resilient in the face of challenges.
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WEB SEMINAR
Finance leaders adjust strategies to come out stronger in extraordinary economic times →
WEB SEMINAR
From crisis to prosperity: Experts predict financial industry’s path forward →
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