IRS offers guidance on recapturing excess employment tax credits amid coronavirus

New regulations to help employers reconcile any advance payments of refundable employment tax credits and recapture the benefit of these credits when necessary, in line with the CARES Act and the Families First Act.

IRS offers guidance on recapturing excess employment tax credits amid coronavirus


Art of Accounting: Advice to new accountants

The problem for young people starting their careers is there is no one to really guide them and lead them forward.

Art of Accounting: Advice to new accountants


GASB proposes to improve government financial reporting model

The Governmental Accounting Standards Board is proposing a set of improvements in how state and local governments report on their financial condition.

GASB proposes to improve government financial reporting model


Under Armour falls after founder, CFO are named in SEC probe

Under Armour Inc. said a pair of top executives, including founder Kevin Plank, has been named in a federal probe of the company’s accounting, sending shares of the athleticwear maker down.

Under Armour falls after founder, CFO are named in SEC probe


Deloitte dives into blockchain

Deloitte is helping more of its clients leverage blockchain technology as it sees the distributed ledger technology gain increasing usage after years of experimentation with the technology.

Deloitte dives into blockchain


AICPA announces 2020 'Standing Ovation' award recipients

Eleven CPAs, all 40 years old or younger, were recognized across the personal finance and information technology sectors.

AICPA announces 2020 'Standing Ovation' award recipients


People & firms on the move: Marks Paneth elects new MP

Weaver appoints COO; Armanino introduces return-to-work solution suite; and more CPA news.

People & firms on the move: Marks Paneth elects new MP


How to structure multiple businesses

If you have clients who own more than one business, how they structure those companies can affect them from the legal and tax perspectives.

How to structure multiple businesses


Sovos buys unclaimed property business from Keane

As states turn to services like the Keane Unclaimed Property system to recoup losses during the COVID-19 pandemic, Sovos continues to position itself well for the post-pandemic world.

Sovos buys unclaimed property business from Keane


AccountingGo releases free accounting software, firm roster

The platform lists young, small firms within its software to promote and support entrepreneurship in the profession.

AccountingGo releases free accounting software, firm roster