Coronavirus

There are two key areas that CPA firms should closely watch to manage audit fees in 2020.

At least 39 states did not have enough money to pay all of their bills at the end of 2019, leaving them ill-prepared to shoulder the costs of the novel coronavirus pandemic, according to a new report.

Now that U.S. companies have experienced two fiscal quarters in the midst of the novel coronavirus pandemic, quarterly reporting for Q3 doesn’t seem to be getting any simpler, according to a new report from Deloitte.

But the federal government has been able to correct some of its earlier missteps, like sending millions of stimulus checks to the deceased, according to the Government Accountability Office.

State tax revenues in some parts of the U.S. are rebounding as the economy emerges from the coronavirus lockdown, a positive sign for governors and mayors who had been bracing for the biggest fiscal crisis in decades.

Companies that took advantage of federal pandemic-relief efforts like payroll tax deferrals will face bigger bills next year.

The coronavirus pandemic has made it clear that real-time systems are possible, and critical to decision-making.

Rep. Pete Olson, a Republican from Texas, has introduced a bill that would offer tax incentives to employers who train workers about best practices for reducing the spread of COVID-19 in the workplace.

Delivering advisory services to help small businesses through the pandemic is a win for everyone.

The Institute of Management Accountants has launched a new promotional campaign to highlight the role of Certified Management Accountants in real-world situations.

The U.S. Senate and Supreme Court are joining the House in not implementing President Donald Trump’s order allowing employers to defer payroll taxes owed by workers.

Richard Jones is making post-implementation reviews of standards one of his top priorities, and taking a closer look at FASB’s crowded agenda.

No matter whether Trump or Biden wins in November, a new survey from PwC indicates taxes may be rising.

Large firms have been reporting revenue increases amid the pandemic.

How can we adapt techniques that educators and educational institutions use in preparing for online classes to our fall work lineup?

The coronavirus pandemic changed the game for everyone, but we’d be missing the beat if we didn’t take a minute and look at the opportunity for growth.

The AICPA believes taxpayers will be able to avoid penalties if they write “COVID-19” at the top of their return.

Xero has revamped its “Starter” plans in the United States, prompted by the need to better support small and mid-sized businesses while they deal with the impact of the COVID-19 pandemic.

The biggest increase came in the advisory practice, where revenue rose 29.4 percent, followed by tax at 8.8 percent and assurance by 6.0 percent.

Mandated by the COVID-19 pandemic, remote work can also bring serious tax consequences.