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The legislation includes a massive, one-year expansion to the child tax credit program aimed at curbing child poverty, a change Democrats are already seeking to make permanent.

President Joe Biden’s $1.9 trillion COVID-19 relief bill cleared its final congressional hurdle Wednesday, with the House passing the bill on an 220 to 211 vote, sending it to the president for his signature.

An American Institute of CPAs official told lawmakers Wednesday why the application timeline for the Paycheck Protection Program should be extended as small businesses continue to face obstacles getting loans.

Some tax pros say the confusion caused by the pandemic require a delay; others say it should be unnecessary by now.

In a remote world, e-signature capabilities have become a must — not just for saving time, but for getting documents signed at all.

A buy-sell agreement between the joint owners of a closely held business or professional practice is critical for the orderly continuation of the business following a “triggering event,” such as the death, divorce, disability, bankruptcy, retirement or termination of an owner.

The American Institute of CPAs opened registration for its 2021 Accounting Scholars Leadership Workshop, to be held Oct. 13-15, 2021, in New Orleans.

The company has also released the Connect App for managing QuickBooks Desktop clients in the cloud.

Since last tax season, many clients have reassessed their charitable giving.

The House is poised to send the $1.9 trillion COVID-19 relief plan to President Joe Biden for his signature, providing an economic boost that will last long after $1,400 stimulus checks start arriving in Americans’ accounts this month.