The COVID-19 pandemic is forcing corporate tax departments to reconsider their top priorities for this year, according to a new survey.
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May 26, 2020
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Coronavirus changes priorities for corporate tax pros
By Michael Cohn      2 min read
The COVID-19 pandemic is forcing corporate tax departments to reconsider their top priorities for this year, according to a new survey.
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How to arbitrage U.S. taxes for difficult economic times
By Suzanne Woolley     3 min read
Pandemic-induced market volatility and warnings from Wall Street that tax rates are bound to rise have more Americans preparing to move money from traditional individual retirement accounts into Roth IRAs.
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Senate bill would stop garnishment of stimulus payments by debt collectors
By Michael Cohn     3 min read
A bipartisan group of lawmakers has introduced legislation to close a loophole in the CARES Act.
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Retention rules vary for state e-file signature authorization forms
By Charles Marshall     3 min read
How long should tax professionals hold onto the e-file signature authorizations of their clients? It depends on where they and their clients reside.
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Tax Fraud Blotter: Skim game
By Jeff Stimpson     5 min read
Yacht happening; going, going, gone; grey and bootleg; and other highlights of recent tax cases.
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State and local gov'ts should forego tax revenue to boost businesses now
By Ben Worrell     3 min read
Business operations need cash influxes now more than ever.
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PwC sued by Matalan founder over Monaco move tax advice
By Ellen Milligan     2 min read
The founder of U.K. discount retailer Matalan Plc is suing PricewaterhouseCoopers over claims he lost as much as 135 million pounds ($165 million) by relying on advice the accounting firm gave him when he moved to Monaco 20 years ago.
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In the blogs: Hero hour
By Jeff Stimpson     3 min read
Mute points; a twist on taking the AOTC; abolishing estate exclusions; and other highlights from our favorite tax bloggers.
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‘That’s not R&D’: Changing how engineers view R&D can increase tax credits
By Jamie Overberg     3 min read
Equip your boots on the ground to recognize R&D worthy of credit.
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IRS starts using prepaid debit cards to send stimulus payments
By Michael Cohn     2 min read
The Internal Revenue Service and the Treasury Department are beginning to send nearly 4 million economic impact payments by prepaid debit card, instead of by paper check or direct deposit.
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