Deadline looms for unclaimed billions in federal refunds
$1.5 billion is available for taxpayers who didn’t file a federal income tax return.
FASB and GASB undergo leadership transitions amid coronavirus
The Financial Accounting Standards Board and the Governmental Accounting Standards Board are under new chairmen Wednesday after their long-serving leaders completed their second terms.
FASB and GASB undergo leadership transitions amid coronavirus
Continuous CPA Exam testing for U.S. candidates begins
The National Association of State Boards of Accountancy, the American Institute of CPAs and testing administrator Prometric have launched the Continuous Testing model for U.S. CPA Exam candidates, due to the ongoing coronavirus pandemic, effective July 1, 2020.
Private sector added 2,369,000 jobs in June amid coronavirus, says ADP
Private sector employers added 2,369,000 jobs in June, according to payroll giant ADP, in a promising sign of business recovery despite the COVID-19 pandemic. ADP also revised upward its May total from a loss of 2,760,000 jobs to a gain of 3,065,000 jobs.
Private sector added 2,369,000 jobs in June amid coronavirus, says ADP
Clarifying 5 common misconceptions about cost segregation
Cost segregation can be more complex than you think, depending on who owns the asset, how the property reports revenue, the nature of repairs and improvements made, and the depreciation time frame desired.
Millionaires face near-zero chance of IRS audit — for now
If you have an income of $1 million or more there’s less than a 1% chance that the IRS has called you in for an audit, according to new figures from the agency.
Avalara plans product for small business sales tax returns
Avalara Returns for Small Businesses arrives at the two-year mark of the Supreme Court Wayfair decision, which allows states to now collect sales tax from remote sellers.
IRS can’t find some check recipients as Congress weighs stimulus
The IRS still hasn’t found everyone who is due a $1,200 stimulus check from the government, and locating everyone eligible for the payments will be key for any additional pandemic relief Congress may pass later this year.
IRS can’t find some check recipients as Congress weighs stimulus
Senate passes extension of small business loan program
The Senate has passed an extension of the popular Paycheck Protection Program for small businesses, which was set to close down Tuesday night with more than $130 billion in funding left over.
A post-pandemic to-do list
Accounting’s thought leaders predict how the profession can expect to successfully emerge from the crisis.