Proposed regs address deductibility of fines and penalties
The IRS is aiming to clarify some of the ramifications of the TCJA.
Coronavirus’s impact on Q1 reporting and financial closing
As the world grapples with the escalating impact of the pandemic, a stark realization is now sweeping over accounting and finance teams — they’re the ones who have to figure out how countless uncertainties fit into their reporting and GAAP.
Has coronavirus changed bookkeeping forever?
As businesses and employers make the sudden shift to agile working from home, how does this change their approach to maintaining their accounts?
Trump tax returns remain elusive after mixed high court argument
Democrats may be as far as ever from seeing President Donald Trump’s tax returns after a U.S. Supreme Court argument suggested a legal fight over House subpoenas could extend for months.
Trump tax returns remain elusive after mixed high court argument
A great time for fraudsters
Grant Thornton CEO Brad Preber and principal Linda Miller, who leads the firm’s fraud and financial crimes practice, explain why the coronavirus pandemic and the government response to it have created unique opportunities for fraud.
Heat-seeking cameras and other tech stories you may have missed
Ten pandemic-related technology developments from the past month, and how they’ll impact your clients and your firm.
Heat-seeking cameras and other tech stories you may have missed
Your firm and the pandemic: Better after broken
During stressful times like these, it’s natural to feel like everything around you is broken.
House Democrats unveil $3 trillion aid bill with cash for states
House Democrats proposed a $3 trillion virus relief bill Tuesday, combining aid to state and local governments with direct cash payments, tax breaks, expanded unemployment insurance and food stamp spending as well as a list of progressive priorities like funds for voting by mail and the troubled U.S. Postal Service.
House Democrats unveil trillion aid bill with cash for states
The smallest businesses need changes to the PPP
Padgett Business Services’ Roger Harris suggests some exceptions for employers with fewer than 50 staff.
Residents of low-wage states collect biggest coronavirus checks
Residents of states such as Utah, Idaho and South Dakota collected average stimulus payments topping $1,800.
Residents of low-wage states collect biggest coronavirus checks