IRS
Latest News
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
Airwallex Partners with Float for Bill Payment Automation for Canadian Businesses
![money 7_1_.5a57a24dc64bb](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/03/money_7_1_.5a57a24dc64bb.5e7af8f1cc2e5.png)
Coronavirus Stimulus: Most Americans Will Get $1,200 Check in April
The latest $2 trillion stimulus bill is expected to include direct payments of $1,200 or less to most adults, loans to businesses and an expansion of unemployment insurance and other aspects of the social safety net. It comes at a time when millions of ..
![tax-refund1_10916239](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/03/tax_refund1_10916239.5e7af6f6e9b50.png)
$1,200 Check Per Adult: Congress and Senate Agree to $2 Trillion Deal on Coronavirus Stimulus Package
After haggling for days over the final details, Senate Democrats and the White House agreed Tuesday to a nearly $2 trillion stimulus package to combat the economic fallout of the coronavirus outbreak, including direct payments to most Americans and a half-trillion-dollar fund to shore up struggling companies. The stimulus bill — by far the largest […]
![Tax Deadline Delayed 2020](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/03/Tax_Deadline_Delayed_2020.5e76a1e85ce44-768x384.png)
Income Tax Deadline Moved to July 15, 2020
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.
![Coronavirus Resource Hub](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/03/Coronavirus_Resource_Hub.5e751e9285bd9-768x428.png)
Coronavirus Tax & Accounting Resource Hub
As the coronavirus disease (COVID-19) outbreak continues to impact people around the world, many professionals have questions and concerns about how to navigate these uncertain times as a tax and accounting practice.
![IRS_logo](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/03/IRS_logo.5e74efcfb8816.png)
IRS Closes In-Person Assistance Centers
The Internal Revenue Service has announced that it is closing its in-person assistance offices as part of the government's efforts to prevent the spread of coronavirus.
![July 15 IRS](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/03/July_15_IRS.5e75422b919e5.png)
IRS Extends 2020 Income Tax Filing Deadline to July 15
The Treasury Department and IRS have announced that the income tax filing deadline has now been extended to July 15, 2020. Earlier this week, Secretary Mnuchin announced the extension of the payment deadline, but did not change the filing deadline
![Covid Taxes IRS](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/03/Covid_Taxes_IRS.5e729175a4c78-768x576.png)
AICPA CEO Says IRS Must Extend Tax Filing Deadline
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:
![taxes reform_1_.5540d268d98f6](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/03/taxes_reform_1_.5540d268d98f6.5e714ec97b392.png)
IRS Extends Tax Payment Deadline — What You Can Do Now
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 ...