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HR Block will offer Tax Pro Go, its virtual tax service, free in May to police, firefighters, emergency medical technicians and health care workers, frontline workers during the pandemic. “They are true heroes and as they continue to care for so many people, HR Block would like to remove one potential worry for them by […]
The Internal Revenue Service announced that it is delaying its Special Enrollment Examination tests for Enrolled Agents due to the ongoing novel coronavirus pandemic shutting down its testing centers. “Because test centers are closed, the 2020-2021 test window will not start on May 1,” the IRS said in a statement Wednesday. “Those candidates who already […]
Cyber-safety at home; next for PPP and other relief; IDs not confidential; and other highlights from our favorite tax bloggers. What a tool Intuit Tax Pro Center (https://proconnect.intuit.com/taxprocenter/): Tax professionals will want to know about a new web tool allowing quick registration for Economic Impact Payments. Launched by the U.S. Treasury Department and the IRS, […]
Celonis, which makes process mining software, has debuted a new suite of operational software including for accounts payable. The software is powered by artificial intelligence. Celonis Operational Applications combine Celonis’ process mining engine with business context, AI and automation to detect friction in processes and take intelligent action to optimize business operations for the desired […]
With the economy reeling from the coronavirus pandemic, accountants find themselves in an unprecedented position to help create a new normal for both themselves and their clients. We asked the leaders of several CPA state societies to share how they are seeing their members respond to these challenging times, what guidance they are providing them, […]
Avii, which makes practice management software, now fully integrates Microsoft Outlook 365 into its Avii Workspace product. This is the third Microsoft integration Avii has added in a three-month period, beginning with the addition of Microsoft OneDrive to the technologies supported with bidirectional syncing to the Avii Workspace platform in December. In February, Avii added […]
The IRS has made several tweaks and updates to its online tool for taxpayers to check the status of their stimulus checks. The page has experienced glitches since it premiered earlier this month as the most convenient way for millions of taxpayers to track when they’d receive COVID-19-related stimulus payments. “We delivered Get My Payment […]
Public companies are dealing with a variety of financial reporting difficulties in the face of the unpredictable COVID-19 pandemic and the impact it’s having on businesses of all sizes. Those include preparation of forward-looking cash-flow estimates, recoverability and impairment of assets, accounting for financial assets, and going concern analyses.The SEC has been granting companies and […]
There is no doubt that we all live and operate in a profoundly changed reality, in which the state of continuous change has become the “new normal.” In general, technology, globalization, regulation, the new generations, talent mobility and a new socioeconomic order are all changing the face of the workplace and creating enormous challenges and […]
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