RMD rollover relief granted under CARES Act
The IRS offers guidance in Notice 2020-51 on the rollover period, which has been extended to Aug. 31.
In the blogs: What a relief
Notices finally arriving; big breaks for Oprah and Walmart; the snares of working remotely; and other highlights from our favorite tax bloggers.
Intuit changes tech development focus, lays off 715
Intuit CEO Sasan Goodarzi announced that the software giant would be changing focus to virtual solutions, omni-channel commerce and money benefits to small businesses, in light of the impact of COVID-19.
GASB releases guidance on deferred compensation plans
The Governmental Accounting Standards Board issued guidance Tuesday to improve the reporting of Section 457 deferred compensation plans for state and local government employees.
Assessing Sarbanes-Oxley compliance risk in the coronavirus environment
The pandemic is introducing changes — potentially significant ones — to the SOX compliance process.
Assessing Sarbanes-Oxley compliance risk in the coronavirus environment
Supreme Court narrows power of SEC to recoup illegal gains
The U.S. Supreme Court limited the power of the Securities and Exchange Commission to recoup illegal profits from wrongdoers, putting new curbs on one of the agency’s most potent legal weapons.
Former Wirecard CEO Braun arrested over missing cash scandal
Wirecard AG’s former chief executive officer was detained by Munich prosecutors after 1.9 billion euros ($2.1 billion) went missing from the digital-payment company, in a scandal that has rattled Germany’s financial industry.
Former Wirecard CEO Braun arrested over missing cash scandal
IRS proposes rules for elimination of commuting benefits deduction
The Internal Revenue Service has issued a set of proposed regulations to provide guidance on the elimination of the deduction of qualified transportation fringe and commuting expenses in the Tax Cuts and Jobs Act.
IRS proposes rules for elimination of commuting benefits deduction
M&A roundup: Anders and Adams Brown expand
Anders CPAs + Advisors plans to merge in Cummings, Ristau & Associates at the end of June; and Adams, Brown, Beran & Ball has acquired the Jonesboro, Arkansas, office of EGP.