Private sector employers slashed at least 2,760,000 jobs from April 12 to May 12, according to payroll giant ADP, on top of the 20 million job cuts in the previous monthly period.

Private sector cuts 2.76M jobs in May, says ADP

Defunct U.K. contractor Carillion Plc won’t be able to get key KPMG documents to prepare for a 250 million-pound ($314 million) negligence lawsuit against the accounting firm.

Carillion loses bid to get KPMG documents ahead of U.K. lawsuit

Accountants share the problems facing four different industries.

The vertical pandemic: Niches needing help

These videoconferencing best practices will significantly boost your remote-communication game.

Boomer’s Blueprint: 10 tips for working from home

Stimulus vs. trash; donating and deducting services; the schedule of automated notices; and other highlights from our favorite tax bloggers.

In the blogs: A way forward

The CARES Act included several provisions allowing companies to claim net operating losses for past tax years, temporarily reversing some of the limitations in the Tax Cuts and Jobs Act.

NOL provisions in CARES Act could spur M&A activity

The National Association of Tax Professionals will hold an online education event, featuring live interaction with accounting instructors, attendees and exhibitors, July 27-31, 2020.

NATP announces 2020 TaxCon virtual event

The Trump administration is starting investigations into digital services taxes considered by several trading partners from the European Union to India that could lead to tariffs being imposed on the countries’ exports to the U.S.

U.S. starts probe into digital tax plans from EU to India

An appeal going before the Ninth Circuit questions the constitutionality of Code Section 280E.

Cannabis case challenges non-deductibility of expenses

After employee pay and rent, partner deferred compensation retirement benefit plans usually are the third largest expense on a firm’s income statement.

Thinking about changing partner retirement benefits post-coronavirus?