Coronavirus

The COVID-19 pandemic is forcing corporate tax departments to reconsider their top priorities for this year, according to a new survey.

A bipartisan group of lawmakers has introduced legislation to close a loophole in the CARES Act.

As state finances across America are upended by the coronavirus, almost all of them face the same, self-imposed, problem: how to balance their budgets.

Every firm and many businesses are going through a crisis like none that anyone could foresee, or one that any of us have had to ever navigate before.

The Institute of Certified Management Accountants also announced a change in the testing window schedule for 2020, due to COVID-19.

Business operations need cash influxes now more than ever.

The American Institute of CPAs’ Council elected Tracey Golden, an audit partner with Deloitte, as AICPA chair for a one-year term, during the governing group’s first-ever virtual Council meeting.

Accountants are looking cautiously at the prospects for reopening the economy, shares Ohio Society of CPAs president and CEO Scott Wiley -- and they have an important part to play in that.

The board voted Wednesday to give private companies and not-for-profit organizations an extra year to comply with the revenue recognition and leases standards.

Both pieces of legislation have caused sweeping changes to retirement planning and wealth management.

With the world going through a recession, stakeholders and investors of client companies will lean on accounting firms more than ever to maintain trust and confidence in their companies.

Europe’s top markets watchdog is warning companies against getting creative with financial statements that obscure the effect of the coronavirus pandemic on their bottom line.

The Top 100 Firm has its eye on more COVID-19 solutions.

For families who employ a nanny to care for their children in the home, there is the extra concern of what to do with their employee.

But relatively few audit execs are actually performing reviews of critical risk areas such as health and safety.

As companies are evaluating continued operations, balancing profits with acceptable levels of loss, functioning with massively more remote work and trying to make up for economic disruptions, the first thought tends to be “How can we cut costs?”

The application from the Treasury leaves many questions unanswered.

The Internal Revenue Service and the Treasury Department are beginning to send nearly 4 million economic impact payments by prepaid debit card, instead of by paper check or direct deposit.

Crowe has joined the growing number of firms offering solutions to aid in Paycheck Protection Program participation.

The Internal Revenue Service is bringing in more help to deal with the flood of calls about economic impact payments.