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House Speaker Nancy Pelosi dismissed President Donald Trump’s call for a payroll tax cut and changes in the capital gains tax, saying it wouldn’t help millions of unemployed workers and others struggling in an economy shut down by the pandemic.

May 7
3 Min Read
AICPA building in Durham, N.C.

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.

May 7
5 Min Read
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Financial executives are taking a two-phase approach to managing coronavirus issues that face their companies, according to a new survey.

May 7
4 Min Read
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The postponed filing date gives taxpayers extra time to lower their tax burden with some last-minute strategies.

May 7
3 Min Read
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AT Think

It is no secret that many mergers and practice transfers never came to life because of fear.

May 7
2 Min Read
Sign in front of IRS building in Washington, D.C.

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.

May 7
2 Min Read
AT Think

The coronavirus pandemic will leave indelible marks on accounting.

May 7
6 Min Read
AT Think

Gene Marks predicts we’ll emerge from the pandemic sooner that most people expect, with less damage.

May 6
5 Min Read
Exiting the pandemic

Insights on how firms can prepare themselves and their clients for the world after COVID-19.

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