Coronavirus

Security experts are seeing a rise this tax season in phishing schemes and malware tied to hot-button subjects like tax refunds, stimulus payments and COVID-19 vaccines.

The long-awaited aid program aims to help music venues, performing arts groups, nightclubs, movie theaters and museums.

Notice 2021-25 offers details on a provision of the COVID-19 relief package from last December that allows a temporarily larger deduction.

The Treasury and the IRS have sent out roughly 156 million payments to people, totaling roughly $372 billion.

The board is planning changes in how it conducts inspections of audit firms, and where it will focus.

From adding new services to changing investment strategy, accounting firms are finding a new way to serve their clients following an unprecedented year.

The service intends to take steps to automatically refund money starting in May and continuing through the summer.

The service released a FAQ to explain how students and universities should report emergency financial aid grants related to the pandemic.

As companies prepare to file for the upcoming tax season, businesses face uncertainty emerging from an enduring pandemic. Further, dealing with multiple jurisdictions’ changing laws, deadlines and requirements can often require a small army of specialists.

The economy continued to rebound this year despite the ongoing COVID-19 pandemic, payroll giant ADP reported Wednesday.