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A group of House Democrats is sounding the alarm about delays in Economic Impact Payments going out to beneficiaries of safety net programs.
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Lawmakers complain of delays in stimulus payments for Social Security recipients
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The National Conference of CPA Practitioners is asking the IRS to postpone the tax deadline from May 17 until June 15 and to make it apply to quarterly estimated payments.
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The move is aimed at helping pave the way for a potential international standard-setter for ESG accounting.
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IFRS Foundation sets up working group to converge sustainability standards
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The COVID-19 pandemic could give remote employees around-the-clock access to company funds with little supervision and lead to embezzlement.
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Fewer than two out of every 100 taxpayers reporting over $1 million in income were audited by the Internal Revenue Service in fiscal year 2020, according to a new report.
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Institute of Internal Auditors president and CEO Richard Chambers has released a book on disruption as a new IIA report examines how the internal audit profession is coping with COVID-19.
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Outgoing IIA CEO Chambers pens book on internal auditors as change agents
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Senate Democrats are sponsoring legislation to safeguard stimulus payments from debt collectors, while Republicans want states to be able to use funds from the new relief package for tax cuts.
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The House voted to provide an extra two months for the Paycheck Protection Program, giving businesses until May 31 to apply for forgivable loans during the pandemic.
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The Internal Revenue Service has decided to use its discretion to avoid reducing the size of Economic Impact Payments with tax debts owed to the federal government.
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The Internal Revenue Service is pushing back the tax-filing deadline until May 17 after heavy pressure from Congress and tax and accounting groups.
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