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DEADLINE TO FILE FATCA FORM 8966 EXTENDED TO 15 JULY 2020

April 7, 2020

Due to the coronavirus (COVID-19) pandemic, the IRS extended the deadline for eligible financial..

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THE CARES ACT AND TAXPAYERS WITH IC-DISCS

March 31, 2020

The CARES Act does not have any specific provisions related to Interest Charge-Domestic..

How the Coronavirus May Affect Your Financial Statements

March 26, 2020

The coronavirus (COVID-19) outbreak has prompted global health concerns. But you also may be..

IRS ANNOUNCES 90-DAY EXTENSION OF FILING DEADLINE AND FEDERAL TAX PAYMENTS

March 23, 2020

Here we go for a third time! The IRS issued News Release (IR-2020-58) with the following:

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TREASURY SECRETARY ANNOUNCES 90-DAY DELAY IN TAX PAYMENT DEADLINE: UPDATE

March 20, 2020

The IRS released Notice 2020-19 that clarifies some issues on the 90-day delay in tax payments:

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TREASURY SECRETARY ANNOUNCES 90-DAY DELAY IN TAX PAYMENT DEADLINE

March 17, 2020

There is no official IRS or Treasury Department document that has been released providing..

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Lease or Buy? Changes to Accounting Rules May Change Your Mind

March 10, 2020

The rules for reporting leasing transactions are changing. Though these changes have been delayed..

NEW EXEMPTION FROM REPORTING AND PENALTY RELIEF ASSOCIATED WITH TRANSFERS TO CERTAIN FOREIGN TRUSTS

March 4, 2020

The IRS has issued Revenue Procedure 2020-17 that provides guidance on exemptions provided to..

4 Steps to a Stronger Balance Sheet

February 27, 2020

Roughly half of CFOs believe an economic recession will hit by the end of 2020, and about..

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