Employers added 4.8M jobs in June despite coronavirus, including 17.5K in accounting

The unemployment rate fell to 11.1 percent, as employees returned to work despite the ongoing spread of COVID-19.

Employers added 4.8M jobs in June despite coronavirus, including 17.5K in accounting


House clears extension of Paycheck Protection Program to August

The House gave final last-minute congressional approval Wednesday to extending the popular loan program for small businesses until Aug. 8, hours after the deadline for applications lapsed with more than $130 billion still available.

House clears extension of Paycheck Protection Program to August


The 2020 VAR 100: The cloud and the coronavirus

The COVID-19 pandemic looks to be accelerating the long-term trend toward the adoption of the cloud.

The 2020 VAR 100: The cloud and the coronavirus


Paul Juras begins term as IMA global chair

The Babson College professor takes his post as the institute faces the challenge of the coronavirus pandemic.

Paul Juras begins term as IMA global chair


Deadline looms for unclaimed billions in federal refunds

$1.5 billion is available for taxpayers who didn’t file a federal income tax return.

Deadline looms for unclaimed billions in federal refunds


FASB and GASB undergo leadership transitions amid coronavirus

The Financial Accounting Standards Board and the Governmental Accounting Standards Board are under new chairmen Wednesday after their long-serving leaders completed their second terms.

FASB and GASB undergo leadership transitions amid coronavirus


Continuous CPA Exam testing for U.S. candidates begins

The National Association of State Boards of Accountancy, the American Institute of CPAs and testing administrator Prometric have launched the Continuous Testing model for U.S. CPA Exam candidates, due to the ongoing coronavirus pandemic, effective July 1, 2020.

Continuous CPA Exam testing for U.S. candidates begins


Private sector added 2,369,000 jobs in June amid coronavirus, says ADP

Private sector employers added 2,369,000 jobs in June, according to payroll giant ADP, in a promising sign of business recovery despite the COVID-19 pandemic. ADP also revised upward its May total from a loss of 2,760,000 jobs to a gain of 3,065,000 jobs.

Private sector added 2,369,000 jobs in June amid coronavirus, says ADP


Clarifying 5 common misconceptions about cost segregation

Cost segregation can be more complex than you think, depending on who owns the asset, how the property reports revenue, the nature of repairs and improvements made, and the depreciation time frame desired.

Clarifying 5 common misconceptions about cost segregation


Millionaires face near-zero chance of IRS audit — for now

If you have an income of $1 million or more there’s less than a 1% chance that the IRS has called you in for an audit, according to new figures from the agency.

Millionaires face near-zero chance of IRS audit — for now