News
The American Institute of CPAs’ Professional Ethics Executive Committee has decided to postpone the effective dates for three of its ethics interpretations in its Code of Professional Conduct for one year, due to the impact of the novel coronavirus pandemic.
AICPA delays effective dates of ethics rules due to coronavirus
It is no secret that many mergers and practice transfers never came to life because of fear.
The Internal Revenue Service said individuals who got a $1,200 stimulus payment intended for someone who’s deceased or incarcerated should return the money but left open the question of how the agency would enforce that.
IRS tells family members of deceased to return stimulus money
The coronavirus pandemic will leave indelible marks on accounting.
Gene Marks predicts we’ll emerge from the pandemic sooner that most people expect, with less damage.
Your small-biz clients will be just fine — and so will your firm
The Internal Revenue Service has posted information on how people who weren’t supposed to receive their economic impact payments for the novel coronavirus pandemic should return the money.
IRS explains how ineligible taxpayers should return their coronavirus stimulus payments
A bipartisan group of lawmakers introduced legislation Wednesday to enable small businesses to deduct their expenses even if they have received a loan from the federal government’s Paycheck Protection Protection Program that was later forgiven.
Senators introduce bill to allow tax deductions for forgiven PPP loans
The Settlement Days program is trying out remote options in Detroit and Atlanta.
Many of the remote work practices we’re instituting today are likely to be part of a new normal that survives long after the current crisis has ended.
COVID-19 wiped out most of the jobs gained since the 2008-09 recession despite extensive tax cuts and stimulus payments from the IRS.
Private sector lost over 20M jobs in April to coronavirus, says ADP
