Disaster recovery

Following the disaster declaration by FEMA, the IRS is able to offer all sorts of relief to Texans.

A group of Senate Democrats introduced legislation to offer tax relief to individuals, businesses and states affected by catastrophic wildfires and other presidentially declared disasters.

The IRS has pushed back filing and payment deadlines for affected taxpayers.

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 coronavirus pandemic has many accountants considering the cloud, but it’s not a simple decision.

The COVID-19 pandemic has highlighted the need to have a business continuity and disaster recovery plan and a pandemic plan in place.

Employment growth at small businesses improved slightly in May, up 0.25 percent, as stay-at-home orders eased in most states, but that was only after reaching historic lows in April, according to payroll giant Paychex.

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

Many will reconfigure what they do to the new reality and will make some investments in updating and formalizing some of their Band-Aid processes.

A lack of modern lease accounting capabilities makes it difficult for many businesses with large lease portfolios to regain control, improve liquidity and plan for the future.