The Latest

PricewaterhouseCoopers LLP expects the majority of its 22,000 U.K. staff to spend some of their time working remotely, even after the coronavirus crisis passes.

Success in this landscape requires a different mindset and a new approach.

The Internal Revenue Service is giving parents another chance to list their kids so they can receive an extra $500 per child in economic impact payments under the CARES Act.

The limitation on net operating losses under the 2017 tax reform were mostly reversed in the stimulus package in March, but there are some complexities to keep in mind.

Mark Frissora will return nearly $2 million in incentive-based compensation to settle a U.S. regulator’s claims that he played a key role in causing the now-bankrupt car-rental company to file inaccurate financial statements in 2013.

Blumshapiro Foundation donates $24K to support New England food banks; and the Georgia Society 7th annual Georgia Accounting Food Fight goes virtual to end hunger.

New capabilities include automatic calculations of monthly amortization, remaining balance, and full account reconciliation for prepaid expense and deferred revenue accounts.

There’s little chance of agreement on a new federal coronavirus relief plan without a compromise on the roughly $1 trillion in aid to beleaguered state and local governments that Democrats demand and the White House opposes.

FICPA welcomes next class to emerging leaders program; Anders adds St. Louis firm; and more CPA news.

Daily fantasy sports companies must pay federal excise tax on their entry fees, the IRS has decided, according to an internal memo that could cause a major shakeup in the industry.