Coronavirus Resources

Coronavirus Resources (21)

Paychex Fields COVID-19 Tools

Paychex has introduced software tools  that include COVID-19 leave tracking and screening and health attestation support. The new products are available in Paychex Flex, the company’s cloud-based HR technology platform.

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PPP Loan Forgiveness Tools Multiply

Companies of all kinds, including CPA firms, software vendors and banks, are fielding loan forgiveness tools for the Paycheck Protection Program. The tools include calculators for loan forgiveness and platforms for providing information to borrowers.

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IRS Guides on Retirement Distributions

The Internal Revenue Service has issued guidance for retirement plans participants, affected by the COVID-19 virus, who take distributions or loans from those funds. Under the CARES Act, distributions this year are not subject to an additional 10 percent tax for early withdrawals.

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WK Outlines COVID-19 Info for Customers

Wolters Kluwer has outlined resources available to professional customers in its business segments. That includes adding a COVID-19 section to its CCH AnswerConnect research platform, the company said this week.

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Zoho Adds Storage, Free App Development

Zoho is ramping up the storage available to its online small business customers. The cloud software company has also introduced a program to build web and mobile applications for free for nonprofits, along with offering use of other apps for free.

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CFOs Predict Workplace Changes

More than two thirds of CFOs responding to a PCW COVID-19 Pulse Survey expect changes to workplace safety measure and requirements. That was the opinion of 77 percent of 305 finance leaders participating in a recent survey.

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Working Remotely: The Next Wave

 

In mid-March, regardless of traditional April 15 tax deadlines, everyone in America, accounting firms included, went home. Work didn’t stop; it just readjusted.

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Business COVID Relief Offers Grow

Businesses are extending free services and offers of help in light of the coronavirus pandemic. That includes Intuit’s free Stimulus Registration product for those who are not required to file federal tax returns so they can acquire stimulus payments.

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IRS Provides NOL Guidance

The Internal Revenue Services  has recently issued guidance for taxpayers with net operating losses that are carried back under the CARES Act. The IRS has also provided a six-month extension of time for filing NOL forms.

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Bloomberg Tax Offers Webinars

Bloomberg Tax & Accounting has set a series of webinars to help tax and accounting professionals with Covid-19-related issues. The free webinars begin on Tuesday, April 7 and continue through May 28.

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