Bloomberg Tax & Accounting has issued its annual Tax Season Watch, which features resources related to Covid-19 and tax filings and payments. The publication is available for a free trial through March 31.Tax Season Watch incorporates news, commentary, and access to primary sources, tax forms and instructions.
Among its resources are the following: Reports about best practices related to e-filing, top audit triggers and top mistakes in tax preparation; Detailed guidance and review checklists for preparing and filing Forms 1040, 1120 and 1165; The top 10 filing issues for 2020; Guidance to determine when and how to prepare the new Form 1099-NEC versus Form 1099-MISC. Access to news and commentary pertaining to tax filing season.
