What we are reading this week - June 9, 2020

accounting news

Dealing-with-the-crises edition

At the beginning of this week, we are looking at what healing and recovery from two massive crises in our society will look like and what tools are available to us. 

1. Accountants see pandemic over by year’s end; recovery will take longer

By Daniel Hood

According to a recent Accounting Today survey, 56 percent of accountants think that the pandemic will be over by the end of 2021, with 42 percent of them expecting that it will be behind us by the end of September.

However, there is still quite a lot unknown about the effects on the economy. Learn more in this article. 

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2. IRS Has Processed 159 Million Coronavirus Stimulus Payments, Offers Tools to Help Those Left Behind

By CPAPracticeAdvisor

More than a half of stimulus payments have been processed, but there are still many of us who haven’t received it. Learn what sources and strategies are available in order to speed up the process of receiving your deposit or a check in case you haven’t received it yet. 

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3. Amid the Unrest, This Minneapolis Restaurateur Is Putting Values Before Profits

By Emily Canal

In addition to a pandemic, there is a lot of upheavals caused by nationwide protests. Inc.com looks at different individuals and businesses and their response to the crisis, which focuses on the community and values. We loved this piece by Emily Canal, who looks at the experience of Tomme Beevas, who turned his Minneapolis eatery into a donation center and was able to serve as a source of hope and perseverance for his community in the face of threats.

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