Coronavirus

The Big Four firm is postponing the return of U.S. employees to its offices until November as the highly transmissible variant of COVID-19 continues to proliferate.

Declines in income and boosts to government subsidies wiped away tax liabilities.

The Senate Finance Committee chair introduced legislation with tax credits aimed at ending homelessness and providing affordable housing.

Fintechs were almost five times more likely than traditional lenders to be involved with suspicious loans issued through the program, according to a new study.

The Empire State collected $1.6 billion in revenue in July, up $276 million from a year earlier, signaling a strong rebound.

The American Institute of CPAs has written a letter to the Internal Revenue Service requesting more flexibility for businesses that needed to get rid of extra inventory during the COVID-19 pandemic.

From pandemic to cybersecurity crisis, the reseller is working with clients and accounting firms to prepare them for whatever comes next.

The elephants that accountants faced before COVID are still in the room.

The Internal Revenue Service is asking tax professionals to help clients who fell prey to identity thieves who have been filing unemployment claims in their names during the pandemic.

Congress is weighing a proposal to end the tax break next month to pay for the bipartisan infrastructure plan.

The economy showed signs of a boost despite increasing worries over the Delta variant of COVID-19, according to ADP.

The bipartisan infrastructure bill would end a tax break Congress crafted to help businesses struggling during the pandemic but relatively few companies have claimed.

Most states have managed to get through the COVID-19 pandemic without increasing taxes, despite predictions last year, according to a new report.

The Federal Accounting Standards Advisory Board released a standard for accounting and financial reporting on government-owned land and delayed the effective date due to the pandemic.

Employers can claim tax credits equivalent to the wages paid for providing paid time-off to employees to take a family or household member or certain other individuals to get vaccinated for COVID-19.

The key tactic for CPA firms moving forward is strategic prioritization, according to the panel of AICPA and CPA.com leaders.

The U.S. Small Business Administration will be unveiling an online portal where Paycheck Protection Program borrowers can directly apply for forgiveness on loans of $150,000 or less without going through their bank.

Despite strong efforts by the service, the pandemic claimed dozens of its employee, according to a TIGTA report.

Small business owners have been coping with unpaid invoices and inadequate accounting during the pandemic and needed to cover expenses by selling family heirlooms and other valuables.