The final IRS and Treasury rules let taxpayers exclude certain income from their GILTI computation.

New regs on income subject to high foreign tax spark ire

The COVID-19 pandemic has highlighted the need to have a business continuity and disaster recovery plan and a pandemic plan in place.

10 areas to revise in your disaster recovery and pandemic plans

Joe Biden on Tuesday unveiled a plan to bolster childcare and care for the elderly that would be financed by taxes on real-estate investors, as well as increased tax compliance by high-income earners.

Biden’s 5B plan paid for with real estate taxes

Firms may want to trade short-term cash for long-term goodwill.

Should accountants be charging for PPP services?

How one firm radically reshaped its evaluations — by bringing in clients.

Tired of performance reviews?

Jirav, which creates all-in-one budgeting, forecasting, reporting and dashboarding software, has received $8 million in Series A funding to boost growth.

Jirav scores M in Series A funding

Senate and House Republicans introduced legislation that would give businesses refundable tax credits against payroll taxes to meet some of the expenses associated with reopening during the novel coronavirus pandemic.

GOP bill would provide tax credits for businesses reopening amid coronavirus

The American Institute of CPAs offered six policy suggestions for the next phase of federal COVID-19 relief legislation under consideration in Congress.

AICPA gives Congress recommendations on coronavirus relief legislation

American Institute of CPAs chief auditor Bob Dohrer and AICPA Auditing Standards Board chair Tracy Harding discussed the AICPA’s progress on some recent audit and attest standards during the Engage 2020 online conference Monday.

AICPA officials provide update on new audit and attest standards

I’ve been on a time travel merry go round since the end of May, as I’ve been emptying a self-storage warehouse with the goal to be out of it by the end of August.

Art of Accounting: Déjà vu all over again