Coronavirus

U.S. officials responsible for preparing for a pandemic routinely raided funds for public health emergencies, diverting money from vaccine development to pay for other projects at the U.S. Department of Health and Human Services, a federal watchdog said Wednesday.

The U.S. Small Business Administration is pledging to improve the loan review process, even as it pursues a record number of fraud complaints.

Senate Majority Leader Chuck Schumer said he’s ready to start moving on a Democrat-only COVID-19 relief plan as soon as next week if Republicans continue to reject President Joe Biden’s $1.9 trillion proposal.

Tax professionals are starting to hear questions from their clients ahead of the official start of tax season about a variety of issues related to COVID-19.

Tax pros can now submit powers of attorney and tax information authorizations electronically.

Amid a resurgence in COVID-19, accountants around the world are less confident in the chances of the economy bouncing back soon.

Three strategies can help your firm stay ahead of the game in 2021.

Janet Yellen won confirmation to become U.S. Treasury secretary, building out President Joe Biden’s team as the administration struggles to win bipartisan support for a $1.9 trillion COVID-19 relief plan for shoring up a weakening economic recovery.

Businesses who didn’t receive forgiveness on their Paycheck Protection Program loans can now claim a tax credit instead, thanks to a provision in last month’s coronavirus stimulus package.

America’s governors aren’t waiting for Washington to stimulate their economies.