Big Four firms release ESG reporting metrics with World Economic Forum

The Big Four accounting firms have developed a set of metrics for companies to use for environmental, social and governance reporting internationally.

Big Four firms release ESG reporting metrics with World Economic Forum


Lessons from tax season: Home run or rain delay?

We started 2020 with hopes of a solid season after a rebuilding year following the Tax Cuts and Jobs Act. Instead, this season threw us more curveballs, changeups, game delays, and empty seats than any season in history.

Lessons from tax season: Home run or rain delay?


Managing audit fee pressure during COVID-19

There are two key areas that CPA firms should closely watch to manage audit fees in 2020.

Managing audit fee pressure during COVID-19


The time is now: Automating the back office through the cloud

COVID-19 has changed the game. Leaders will need to reshape their companies for the new normal, making the promise of agility and market responsiveness an actual reality.

The time is now: Automating the back office through the cloud


Intuit debuts omnichannel sales platform QuickBooks Commerce

QuickBooks Commerce is designed to allow small businesses to access multiple sales channels, integrate existing ones, manage orders and fulfillment, sync inventory across online and more.

Intuit debuts omnichannel sales platform QuickBooks Commerce


Hedge funds head for Florida with taxes on rich rising elsewhere

Hedge funds are planning to expand their presence in Florida, adding to a migratory trend as wealthy residents of northern states face the threat of higher taxes.

Hedge funds head for Florida with taxes on rich rising elsewhere


In the blogs: Big surprises

Taxes, relief and partisanship; more than a nickel; a new pair; and other highlights from our favorite tax bloggers.

In the blogs: Big surprises


IRS says lenders don’t need to report PPP loan forgiveness

The Internal Revenue Service said Tuesday that lenders who make Paycheck Protection Program loans that are later forgiven under the CARES Act should not file information returns or furnish payee statements to report the forgiveness.

IRS says lenders don’t need to report PPP loan forgiveness


39 states lack the money to pay bills for COVID-19

At least 39 states did not have enough money to pay all of their bills at the end of 2019, leaving them ill-prepared to shoulder the costs of the novel coronavirus pandemic, according to a new report.

39 states lack the money to pay bills for COVID-19


VSCPA forms diversity council

The Virginia Society of CPAs’ new committee will advise its board of directors on diversity-focused programs and engage with local leaders to help grow the accounting student pipeline.

VSCPA forms diversity council