| IRS names deputy chief of criminal investigation; PKF Texas launches new service line; and more CPA news. | 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. | |
| Fraud on the rise during coronavirus pandemic → | | By Michael Cohn 7 min read | | Anti-fraud experts are seeing a rise in various types of fraud this year due in large part to the COVID-19 pandemic, according to a new report released Friday by the Association of Certified Fraud Examiners. | |
| IRS updates per diem rates for 2020-2021 → | | By Michael Cohn 2 min read | | The Internal Revenue Service issued the special daily rates that taxpayers can use to substantiate the amount of expenses they can deduct for lodging, meals and incidental expenses. | |
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