Coronavirus

Some accounting firms were already facing the mass exodus of retiring baby boomers.

Funding for nonprofit organizations has remained flat or declined this past year, according to a new survey, as they face pressure from inflation and continuing fallout from the pandemic.

The traditional busy season in the accounting profession is demanding on employees and this is when the risk for burnout can peak.

The International Federation of Accountants signed a memorandum of understanding to support efforts to improve financial transparency, accountability and anti-corruption efforts in the public health sector around the world.

Newly released IR-2022-89 can help business clients avoid tax trouble.

The average number of leases held by companies has returned to or exceeded pre-pandemic levels, according to a new report, even as they adjust to new rules that put leases on the balance sheet.

Here’s how to strengthen and support financial planning and analysis.

Congress gave billions of dollars in tax credits to employers, but now the IRS needs to step up its compliance efforts, according to a GAO report.

Employees at accounting firms and other types of businesses are continuing to work remotely, or coming into the office less, as the COVID-19 pandemic continues with the emergence of new and more transmissible Omicron subvariants.

A great many organizations that received stimulus funding during the pandemic are now finding themselves facing unexpected audit requirements.

Is your firm still hung up on butts in the seats?

A federal judge blocked recovery of any pandemic relief funds from Texas, Louisiana or Mississippi if those states use the aid to offset state tax revenue shortfalls.

The new post-COVID workplace has changed the role of the chief financial officer and created substantial challenges and opportunities in all industries.

The total value of goodwill impairments recorded by U.S. public companies more than doubled in 2020 during the first year of the COVID-19 pandemic, according to a new study, and the same may happen again this year as geopolitical tensions rise.

The Internal Revenue Service is suspending a number of notices it usually mails to tax-exempt organizations and governmental entities when it’s missing their tax returns, citing the pandemic and the IRS’s own backlog of unprocessed tax returns and correspondence.

The CI division has conducted more than 660 investigations over the past two years.

Businesses are continuing to reevaluate how they measure success, suggesting that the KPIs to which they hold their AR teams accountable will look a lot different than in years past.

The last few years have been a tumultuous time for businesses everywhere, defined by the after-effects of the Great Resignation and the ongoing pandemic, but that’s why it’s crucial the next pivot is your greatest pivot and relates to your firm’s technology.

The Empire State wasn’t the only one to come out ahead, with all 50 states receiving more from the federal government than their residents paid in taxes in fiscal year 2020.

Riding a demographic shift that predates the pandemic, Idaho has seen its sales tax collections increase by almost 40%.