The COVID-19 pandemic and factors affecting the income tax accounting of small and medium-sized enterprises in Duyen Hai town, Tra Vinh province

This study analyzes the factors affecting the income tax accounting of small and medium-sized enterprises (SMEs) in Duyen Hai town, Tra Vinh province during the COVID-19 pandemic. The study shows that there are six factors affecting the income tax accounting of SMEs. These factors are the enterprise scale, the accountant’s ability, the consulting and supports from professional organizations, the accounting software quality, and the compliance with accounting standards. Based on the study’s findings, some recommendations are made for enterprise owners, tax accountants, tax authorities and related parties to appropriately adjust income tax accounting to response to abnormal situations and normal situations.