Taxes February 9, 2026
Treasury Secretary Scott Bessent has been talking up Americans getting bigger-than-usual tax refunds this year for months, saying that it will help spark “a non-inflationary boom.” That's unlikely.
February 5, 2026
February 5, 2026
March 18, 2020
The American Institute of CPAs’ (AICPA) president and CEO, Barry Melancon, CPA, made the following statement in response to the Treasury’s recent statement on tax payment relief:
March 18, 2020
President Donald Trump directed the Department of Housing and Urban Development to suspend all foreclosures and evictions through April amid the economic fallout of the coronavirus pandemic.
March 17, 2020
Facing pressure from lawmakers and the tax community, on Tuesday, March 17, Treasury Secretary Mnuchin announced that the agency is giving taxpayers an additional 90 days to pay for those owing up to $1 million in taxes ...
March 17, 2020
The Trump administration is proposing $850 billion in economic stimulus to contain the effects of the coronavirus, including relief for small businesses and the airline industry, and sizable checks for American workers. Treasury Secretary Steven T. Mnuchin is expected to outline the request to Senate Republicans at a closed-door lunch on Capitol Hill and will...…
March 17, 2020
Taxpayers and businesses will have until July 15, 2020 to pay their taxes this year without penalty. The change was announced on Tuesday afternoon, by Treasury Secretary Steven Mnuchin ...
March 17, 2020
Taxpayers and businesses will have until July 15, 2020 to pay their taxes this year, but the filing deadline is still April 15, for now. The change was announced on Tuesday afternoon, by Treasury Secretary Steven Mnuchin ...
![amazon_shipping_boxes_small[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2020/03/amazon_shipping_boxes_small_1_.5e7119a279ac2.png)
March 17, 2020
Amazon.com Inc. will hire 100,000 workers and is prioritizing the stocking of household staples and medical supplies as it struggles to deal with a surge in demand for online orders from customers avoiding stores during the coronavirus pandemic.
March 16, 2020
As America and the world continue to combat the coronavirus, and most major sporting, business and social events have been postponed or canceled, the IRS and Treasury are expected to announce on Monday (March 16) the new tax deadline.
March 16, 2020
As America and the world continue to combat the Coronavirus, and most major sporting, business and social events have been postponed or canceled, the IRS and Treasury still have not updated tax professionals and taxpayers about a possible change to the...
Technology March 13, 2020
Besides the obvious health benefits (e.g., fewer human interactions and possibilities for being infected), employees don’t waste time commuting, save on transportation costs and can be more productive. Plus, they are able to work at their own pace.
March 13, 2020
President Donald Trump has instructed the Treasury Department and IRS to extend the April 15, 2020 deadline for filing federal income tax returns for those affected by Coronavirus. The change is only for this year.
March 11, 2020
Such a change in the deadline for individuals to file their annual federal income tax returns would be unprecedented at the national level, although the IRS often grants such extensions to more limited geographical areas following disasters.