This article first featured in: Rebuilding Australia: the role of small business. This report uncovers the impact of COVID-19 on different industries across the country. For more insights and help for small businesses check out our Behind Small Business page. With an ecommerce boom already in full flight, delivery company Sendle saw a sharp increase during […]
Archives for 2020
Unclaimed property distributions allowed as self-certified rollovers
In response to requests from stakeholders, the IRS issued guidance adding state unclaimed property fund distributions to the list of reasons that taxpayers may self-certify that they missed the 60-day deadline to roll over funds to a qualified retirement plan (Rev. Proc. 2020-46). It also added a requirement to report and withhold from these distributions. […]
Accounting Student Sets Sights on Fraud – The Immaculatan
One of Olive Monye’s personal heroes is Ngozi Okonjo-Iweala, former finance minister of Nigeria. “I was incredibly proud of her, because we both come from the same state in Nigeria,” Olive said. “Northerners and westerners usually have the upper hand when it comes to political appointments in the country. It gave me a great sense of joy to see a southern woman like myself attain such […]
IRS sets end date for faxing tax refund claim forms amid COVID-19
The IRS is giving taxpayers until the end of the year before it stops its temporary procedures for faxing in Forms 1045 and 1139 for claiming tentative tax refunds, instead of mailing them, which it has allowed as part of its response to the COVID-19 pandemic. In April, the IRS began allowing taxpayers to file […]
IRS sets end date for faxing tax refund claim forms amid COVID-19
The IRS is giving taxpayers until the end of the year before it stops its temporary procedures for faxing in Forms 1045 and 1139 for claiming tentative tax refunds, instead of mailing them, which it has allowed as part of its response to the COVID-19 pandemic. In April, the IRS began allowing taxpayers to file […]
Microsoft Exchange, Outlook Under Siege By APTs
The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.
Microsoft Exchange, Outlook Under Siege By APTs
The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.
FBAR deadline extended to Oct. 31 after confusion
After a misworded posting caused confusion about the 2020 deadline to file FBARs (i.e., FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR)), Treasury’s Financial Crimes Enforcement Network (FinCEN) has extended the deadline to Oct. 31. Last Wednesday, FinCEN posted a notice to its website saying that this year’s deadline to e-file calendar […]
DWP to mandate 2-page pension statements
Pensions Minister Guy Opperman plans to introduce simpler 2-page annual pension statements. He said the move will build on pensions Automatic Enrolment and give millions of pension savers a better understanding of their pensions. While the statements will first be introduced for DC schemes they could be extended to all pensions schemes. The two-page statements […]
DWP to mandate 2-page pension statements
Pensions Minister Guy Opperman plans to introduce simpler 2-page annual pension statements. He said the move will build on pensions Automatic Enrolment and give millions of pension savers a better understanding of their pensions. While the statements will first be introduced for DC schemes they could be extended to all pensions schemes. The two-page statements […]