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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.
| Cybersecurity in a time of coronavirus | | By Ranica Arrowsmith 3 min read
| | Anything that heightens fear and anxiety is a boon to online scammers, which is what makes the current coronavirus pandemic prime time for cybercriminals to try and trick people into giving their money away to the wrong people. | |
| Treasury considers extending April 15 tax deadline over coronavirus | | By Laura Davison and Saleha Mohsin 4 min read
| | The U.S. Treasury Department is considering extending the 2019 tax-filing deadline beyond April 15 to provide relief from economic disruption caused by the coronavirus outbreak, according to two people familiar with the matter. | |
| In the blogs: Red flags | | By Jeff Stimpson 4 min read
| | Telework eligibility; ineffectual and evil; unpredictable refunds; and other highlights from our favorite tax bloggers. | |
| SPONSOR CONTENT | | Top trends in auditing | | Between new regulations, advanced software, and client demands, the audit is being reshaped as never before. | |
| Democrats cast doubt on Trump’s payroll tax cut plan for virus | | By Steven T. Dennis 3 min read
| | Key Democrats poured cold water on President Donald Trump’s proposal to include a payroll tax cut as part of his plan to respond to the coronavirus. Senior Republicans also held back from endorsing the suggestion ahead of a key lunch meeting on Tuesday. | |
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