Trump advisers, Democrats resuming stalemated coronavirus relief talks

Talks to break an impasse over a new virus relief package become increasingly urgent this week with millions of jobless Americans left without additional aid, and the Senate scheduled to leave for an extended break on Friday.

Trump advisers, Democrats resuming stalemated coronavirus relief talks


Taxpayer Advocate can help with stimulus payments

The TAS will be able to assist taxpayers with certain EIP-related issues.

Taxpayer Advocate can help with stimulus payments


Accounting’s calendar crumbles

It’s time to start building the profession’s year around different time scales.

Accounting’s calendar crumbles


Case Studies: AI & data analytics in 2020

Three accounting firms share how they’re using the tools of the future.

Case Studies: AI & data analytics in 2020


NCCPAP endorses tax preparer regulation

The group wrote to legislators supporting ‘The Taxpayer Protection and Preparer Proficiency Act.’

NCCPAP endorses tax preparer regulation


FASB offers guide to XBRL extensible lists

The Financial Accounting Standards Board has released a new guide to a feature of Extensible Business Reporting Language known as extensible lists.

FASB offers guide to XBRL extensible lists


Rea to merge in Kennedy Cottrell Richards

Rea & Associates, a Top 100 Firm based in New Philadelphia, Ohio, plans to add Kennedy Cottrell Richards, a firm based in Gahanna, Ohio.

Rea to merge in Kennedy Cottrell Richards


IRS restricts carried interest tax break used by hedge funds

The Internal Revenue Service released regulations to restrict a valuable tax break that hedge fund managers were able to claim after an error in 2017 Republican tax law.

IRS restricts carried interest tax break used by hedge funds


The post-COVID-19 business model requires proactive planning

Here are some companies should take as they respond and adapt to be more resilient.

The post-COVID-19 business model requires proactive planning


Grant Thornton leads in Q2 new SEC audit clients

EY and BF Borgers made good showings for the quarter.

Grant Thornton leads in Q2 new SEC audit clients