Tax

To help businesses struggling from the unexpected drop in sales caused by the new coronavirus (COVID-19), the town of Vail, Colorado, has suspended sales tax collections.

An update to income and transactional tax news related to the COVID-19 outbreak in this roundup. It will be updated regularly as more information becomes available.

As the coronavirus (COVID-19) continues to spread globally, governments worldwide are trying to figure out the best way to bolster the slowing economy. Led by China and now Europe, that involves tax filing and payment extensions and even temporary rate...

CPA Practice Advisor Readers’ Choice Awards, now in their 16th year, give our readers the chance to spotlight the technologies they most respect and trust to provide client services, to manage their firms, and to help their clients run their businesses.

The outbreak of coronavirus disease 2019 (COVID-19) may be stressful for people. Fear and anxiety about a disease can be overwhelming and cause strong emotions in adults and children. Coping with stress will make you, the people you care about, and ...

The website offers answer to top Covid-19 questions, including tax law updates, practice tips on virtual working and business continuity, materials to advice your clients, and inks to government resources and other informative articles.

On Saturday morning, the Treasury Department and Internal Revenue Service followed up with an official press release that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020.

The qualified business income (QBI) deduction is the centerpiece provision of the Tax Cuts and Jobs Act and applies from 2018 through 2025. Qualified business income is aggregated from a partnership, S corporation, limited liability company and sole ...