Coronavirus

Several unemployed workers described the difficulties they are facing to senators as congressional leaders continue negotiations.

Tamera Loerzel and Jennifer Wilson of ConvergenceCoaching dive into the major issues that the COVID-19 pandemic has raised for accounting and tax firms — staff, technology, operations and more.

Talks to break an impasse over a new virus relief package become increasingly urgent this week with millions of jobless Americans left without additional aid, and the Senate scheduled to leave for an extended break on Friday.

The TAS will be able to assist taxpayers with certain EIP-related issues.

Here are some companies should take as they respond and adapt to be more resilient.

LeaseAccelerator, which makes lease lifecycle management software, has released EZLease, an automated lease calculator.

The provider of payroll, benefits and human resources for small businesses, is rolling out a program for accountants who want to be certified in providing the company’s services to their clients.

Firms need to plan their return to work very carefully.

Tax pros share lessons from this July 15 — and for next year.

The tax technology provider plans to use the extra capital to expand abroad and develop new sales and use tax software and services.

The service is implementing a new temporary procedure for faxing the duplicate copy of Form 3115 for companies applying for an automatic change in accounting method.

Time is running out for further relief efforts before the August recess.

In a letter to leading legislators, the group also urged them to make businesses expenses paid with PPP money deductible.

With economic uncertainty, a pandemic, and concerns around race and equity topping daily headlines, existing initiatives to transform and innovate across people, processes and technology have become more amplified.

The Internal Revenue Service moved to ease the tax burdens of private equity portfolio companies and heavily indebted industries.

The service released the final regulations and other guidance on the deduction, which was amended by the CARES Act.

The coronavirus pandemic has opened up a number of specific areas with potential for the profession, according to leaders at the AICPA.

Democrats in Congress are criticizing how millions of economic impact payments authorized under the CARES Act are being handled.

The GOP legislation includes a second tranche of stimulus payments, structured the same way as the earlier round, in March, along with tax credits for businesses.

The economic stimulus plan released by Senate Republicans offers no new money for states and cities to cope with swelling budget shortfalls, leaving them to contend with a grave financial crisis that’s already forcing them to slash spending, furlough workers and delay projects as tax revenue disappears.