TAX VIRUS BRIEFING: Business Woes Mount Across the Globe (1)

The pandemic’s economic fallout continues to hit businesses around the world. Governments continue to offer relief, and Congress is debating another stimulus package.

The IRS issued several pieces of guidance to incorporate changes from the latest virus relief package (Public Law 116-136). Certified public accountants are on the front lines for those trying to access new small business loans. Our weekly podcast explores this unprecedented filing season. Kelly Phillips Erb, our Bloomberg Tax contributor, rounded up ways tax professionals can be helpers in these uncertain times. It’s been a busy week—catch up here.

We’ve taken down our ...