Challenges for CPAs at Corona Pandemic Time

With the pandemic coronavirus, the economy gets reeling, and the accountants find themselves having difficulty in creating a new normal for the clients. At this uncertain time, CPA firms are not only helping the clients but also practising themselves to stay viable. The importance of remaining silent and open-minded helps a lot for the clients in creating new opportunities. Tax authorities and tax issues are guiding Certified Public Accountants in the firm. Those issues can also update the state, federal, and local tax regarding property tax, payroll tax, and real estate. All the levels of government have different modification levels that CPAs need to monitor the clients they support.