Coronavirus

The International Public Sector Accounting Standards Board has deferred the effective dates of several upcoming standards and amendments amid the COVID-19 pandemic.

Unemployment declined 1 percentage point to 6.9 percent as the economy continues a slow recovery despite the ongoing COVID-19 pandemic.

Wages are set to go up in Florida after voters passed a minimum wage ballot initiative in Tuesday’s election.

The board is postponing the effective date of its long-duration insurance standard for a year and making it easier to adopt it early.

Having started his transition at the beginning of the pandemic, Board Chair Richard Jones now faces the uncertainty of the presidential election and what Congress might do with accounting standards.

The latest scheme claims to need a taxpayer’s bank account information to direct deposit a stimulus payment.

As firms begin preparing for the busy season, what have we learned about hiring, training and working in a pandemic, and how can we prepare for the new normal?

Intercompany pricing corrections now can help generate cash by utilizing tax net operating losses.

The coronavirus and uncertainty over the election are slowing down employment gains.

The burgeoning industry is doing well in the pandemic, making it a hotter niche than ever.

With vast numbers working outside the office, practitioners are advising care.

The Division of Enforcement's annual report also highlights non-pandemic-related issues that arose in fiscal year 2020 and strategic operational changes.

The coronavirus slowdown has hit the IRS and tax professionals,

The commission has been busy helping public companies report the impact of COVID-19.

The IRS is making some changes in its collection program to lessen the burden on taxpayers with outstanding tax debts who are trying to cope with the economic fallout of the COVID-19 pandemic.

Internal auditors are facing risks during the COVID-19 pandemic in business continuity, crisis management, cybersecurity and other areas, according to a new report.

Firms need to sharpen their abilities in these four areas.

For a few months this year, a U.S. government aid program meant for struggling small-business owners was handing out $10,000 to just about anyone who asked. All it took was a five-minute online application. You just had to say you owned a business with at least 10 employees, and the grant usually arrived within a few days.

The American Institute of CPAs awarded education grants to 25 accounting students who have been monetarily impacted by the ongoing pandemic.

As 2020 approaches its finale, there are a number of unusual wrinkles for tax pros to consider.