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The PPP; customer service now; answers and CARES; and other highlights from our favorite tax bloggers.

The coronavirus has caught a number of states off guard, threatening their revenue and impairing their ability to meet obligations that have grown as a result of the epidemic.

The Internal Revenue Service is including a question at the top of Schedule 1 of the Form 1040 this year asking taxpayers whether they received, sold, sent, exchanged or acquired a financial interest in virtual currency in 2019, but most taxpayers won’t have any record from a Form 1099 about their cryptocurrency transactions.

Even before the start of the coronavirus pandemic, the federal government was facing dire financial conditions, with its overall financial condition worsening by $8.16 trillion in 2019, according to a new analysis.

The pandemic has prompted confidence among accountants to fall to its lowest levels on record in all regions of the world during the first quarter of the year.

Establish a communication plan now, so your firm can come out of this crisis stronger than ever. Here are three key steps to follow.

COVID-19 has created the largest health and economic crisis in decades.

The current pandemic offers opportunities for firms that are ready to change.

It is important to look at cost segregation and what it can do for a taxpayer.

The Governmental Accounting Standards Board is working on several fronts to offer relief to state and local governments and other stakeholders in the midst of the pandemic, including delaying the effective date of some standards.