Economy

Within minutes of concluding the video meeting, I’ve pretty much forgotten a good portion of what was discussed.

Blumshapiro donates $24,000 to local nonprofits; Dean Dorton and Dermody, Burke & Brown launch new service lines; and more CPA news.

The economy showed signs of recovery despite the spread of the coronavirus across many parts of the country.

Tamera Riperda, the commissioner who runs the Internal Revenue Service’s Tax Exempt and Government Entities division, is retiring on Sept. 30 after 33 years at the IRS.

Bento for Business, a spend management system, is looking to assist small and midsize businesses with surviving through the COVID-19 pandemic.

The emergence of new coronavirus hotspots, especially in the South and West, had a major impact, according to a new report from payroll giant Paychex.

The deal bolsters Marcum’s construction industry practice and its presence on Long Island.

RSM gifts $1 million gift to DePaul University; EY appoints two office managing partners; and more CPA news.

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.

If you have clients who own more than one business, how they structure those companies can affect them from the legal and tax perspectives.

Aprio LLP, a Top 50 Firm based in Atlanta, and CPAsNET, a community of accounting and business consulting firms, have formed a strategic partnership.

Joe Biden is threatening to eliminate a tax benefit worth billions of dollars to the real estate industry in an attack on President Donald Trump, a property developer who has boasted about using the tax code to his advantage.

The final IRS and Treasury rules let taxpayers exclude certain income from their GILTI computation.

PrimeGlobal, an international association of independent accounting firms, reported 10 percent growth Tuesday in aggregate revenue of its member firms, reaching a total of nearly $3 billion for the fiscal year ending May 31, 2020.

Senate and House Republicans introduced legislation that would give businesses refundable tax credits against payroll taxes to meet some of the expenses associated with reopening during the novel coronavirus pandemic.

Nonprofits hospitals have until Dec. 31 to report on their CHNAs.

Startup Breakaway Bookkeeping & Advising is building a network of finance professionals to act as virtual CFOs for small-business clients.

The Senate and House passed bipartisan legislation to help nonprofits remain financially viable during the COVID-19 pandemic.

IRS criminal investigation chief announces retirement; Connecticut Society of CPAs and FEI install new boards of directors; and more CPA news.