Coronavirus

Donor-advised funds increased their donations to charities last year in response to the COVID-19 pandemic, hitting the biggest levels in over a decade.

Internal auditors are keeping a close eye on emerging risks as the COVID-19 pandemic continues, with cybersecurity at the top of the priority list.

With today marking International Accounting Day, now is the time to remind clients just how much we have to offer outside of audits and tax compliance.

Average audit fees continued to grow in recent years, increasing nearly 4% from 2019 to 2020 from $2.43 million to $2.52 million, according to a new survey.

The Internal Revenue Service issued guidance to assist employers who are rehiring retirees or retaining employees past retirement age as a way to find qualified workers in a tight labor market.

An open letter last week expressed bipartisan opposition to proposals to retroactively end the credit before the end of the fourth quarter.

The COVID-19 pandemic has complicated life for Sarbanes-Oxley compliance teams, forcing accountants and auditors to work remotely.

The COVID-19 pandemic’s far-reaching effects have touched every industry around the world, and CPAs are not immune.

Global confidence among accountants in the economic recovery from the COVID-19 pandemic declined in the third quarter of the year, especially in North America.

The AICPA’s Private Companies Practice Section surveyed CPA firms of all sizes and in all regions of the U.S. about the most significant challenges they face.

Accountants of color and women took on increased workloads at firms during the COVID-19 pandemic, but didn’t necessarily see their careers advance, according to a new study.

Revenue from advisory services made up 39% of fees, accounting and auditing fees comprised 35%, and tax services accounted for 26% of revenue.

The Internal Revenue Service mailed out nearly 90,000 premature notices and demands for overdue taxes to taxpayers last year, even though the filing date had been extended.

ADP has updated its payroll and HR software with new user design, artificial intelligence and machine learning features, as well as employee vaccine tracking.

Predictive analytics, combined with knowledge of the business and scenario planning, can help organizations make better forecasts.

Internal auditors are seeing far-reaching effects from the COVID-19 pandemic on the way they do their work, according to a new survey.

The service is reminding taxpayers that they can pay for at-home tests with their FSAs, MSAs, and Archer MSAs.

The Small Business Administration is increasing the cap for COVID Economic Injury Disaster Loans from $500,000 to $2 million.

The service warned Thursday of an issue that’s affecting business taxpayers who need transcripts for requesting COVID-19 employment tax relief.

The unemployment rate declined, but the jobs report fell far short of economist expectations.