Income Tax
Latest News
60% of CFOs Say Their Organizations are Ready to Implement and Work With AI, but Only 35% are Using AI in Finance
A Scalable Talent Model Can Be Much More Than a Safety Net for CPA Firms in Need of Skilled Talent
Labor Challenges Persist Among Mostly Confident Business Owners, According to CBIZ Index
How PTO Policies Can Attract Top Talent
![tax-refund1_10916239](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/04/tax_refund1_10916239.5e972b6a8e598.png)
IRS Launches Website to Get and Track Coronavirus Stimulus Payments
Get My Payment also allows people a chance to provide their bank information. People who did not use direct deposit on their last tax return will be able to input information to receive the payment by direct deposit into their bank account, expediting ...
![tax-scam](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/04/tax_scam.5e95e450c92c5.png)
Tax Scammers are Still in Business, Warns IRS
The IRS, state tax agencies and the nation’s tax industry continue to see an upswing in data thefts from tax professionals as cybercriminals try to take advantage of COVID-19 and Economic Impact Payments to create new scams.
![PPP Loans SBA](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/04/Paycheck_Protection_Program_Loan_Go_Live_1_.5e9112eb6db8e.png)
QuickBooks Capital Approved as Paycheck Protection Program (PPP) Lender
Company preparing to accept applications for billions of dollars in requested PPP relief next week. 1 in 12 American employees is paid through QuickBooks Payroll
![Coronavirus Checks Payments Stimulus](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/04/Coronavirus_Checks_Payments_Stimulus.5e9094e38d048.png)
IRS Launches Website for Non Tax Filers to Register for Coronavirus Stimulus Payments
To help millions of people, the Treasury Department and the Internal Revenue Service today launched a new web tool allowing quick registration for Economic Impact Payments for those who don’t normally file a tax return.
![tax-1351881_960_720_pixabay 905513](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/04/tax_1351881_960_720_pixabay_905513.5e8f9a98b2a8d-768x570.png)
IRS Issues CARES Act Guidance for Taxpayers with NOLs
The Internal Revenue Service today has issued guidance providing tax relief under the CARES Act for taxpayers with net operating losses. Recently the IRS issued tax relief for partnerships filing amended returns.
![Covid Taxes IRS](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/04/Covid_Taxes_IRS.5e8f980cc1d68-768x576.png)
IRS Delays June 15 Payments, And More Tax Filing Deadlines for Trusts, Corporations, Nonprofits
The IRS has expanded relief to additional returns, tax payments and other actions. As a result, the extensions generally now apply to all taxpayers that have a filing or payment deadline falling on or after April 1, 2020, and before July 15, 2020.
![Smartvault Hub](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/04/Smartvault_Hub.5e8f520343ce5-768x486.png)
SmartVault Creates Covid-19 Resource Hub
At a time when the knowledge and expertise of accountants and tax professionals is more important to clients than ever before, SmartVault has created an online resource center with resources to help navigate these uncharted waters and keep business movi
![accounting software pixabay Goumbik office 2717014_960_720](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/04/accounting_software_pixabay_Goumbik_office_2717014_960_720.5e8df58916840-768x508.png)
CPA Endowment Fund of Illinois Provides Laptops to Accounting Students Impacted by COVID-19
In this emergency action, the CPA Endowment Fund of Illinois is awarding 16 laptops for students at nine Illinois schools, including DePaul University, Governors State University, Illinois State University, Loyola University, Northeastern Illinois ...