The Treasury is still encouraging taxpayers to file by April 15
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IRS Watch
March 18, 2020
Upcoming Events March 18, 2020
Tax payments deferred until July 15
By Daniel Hood, Roger Russell      2 min read
The Treasury is still encouraging taxpayers to file by April 15
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Complete coverage of the coronavirus impact
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Trump calls for deferral of tax payments from coronavirus victims
By Michael Cohn      4 min read
The president said he would allow individuals and businesses to “defer tax payments without interest or penalties” and he urged Congress to cut payroll taxes.
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Accountant groups call for extending filing season amid coronavirus threat
By Michael Cohn      4 min read
The National Society of Accountants, NCCPAP and the AICPA are asking the IRS and Treasury for tax relief during the pandemic.
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High-deductible plans can cover coronavirus costs: IRS
By Jeff Stimpson      1 min read
Notice 2020-15 clarifies what Covid-19 expenses can be covered from HSAs.
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Treasury says coronavirus bill will support small biz with tax breaks
By Jihye Lee      1 min read
The U.S. Treasury will be able to support smaller businesses impacted by the coronavirus through an economic relief plan that the House passed late Friday, Treasury Secretary Steven Mnuchin said in a statement.
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Art of Accounting: Clients don’t care that it is tax season
By Edward Mendlowitz      4 min read
When a client has a problem or wants something from you, he or she needs your attention. Are you as responsive as you need to be?
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In the blogs: The Rona
By Jeff Stimpson      4 min read
Extensions; H.R. 6201; OICs; and other highlights from our favorite tax bloggers.
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Sanders’s tax-the-rich plan is 2800% larger than Biden’s
By Laura Davison      2 min read
Former Vice President Joe Biden wants to raise taxes on the wealthy. Senator Bernie Sanders wants to send those levies off the charts.
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