Divorce and COVID-19 each bring various tax considerations.

The Financial Accounting Foundation’s board of trustees is changing the process for assessing the effectiveness of standards.

Republicans universally rejected a $3 trillion stimulus measure drafted by House Democrats to bolster the U.S. economy, but the draft plan has the seeds for an eventual, smaller compromise.

The international tax provisions of the Tax Cuts and Jobs Act will likely have less impact on the willingness of multinational companies to shift their income abroad than the money they can save by using foreign employees to do research and development.

The IRS is aiming to clarify some of the ramifications of the TCJA.

As the world grapples with the escalating impact of the pandemic, a stark realization is now sweeping over accounting and finance teams — they’re the ones who have to figure out how countless uncertainties fit into their reporting and GAAP.

House Democrats proposed a $3 trillion virus relief bill Tuesday, combining aid to state and local governments with direct cash payments, tax breaks, expanded unemployment insurance and food stamp spending as well as a list of progressive priorities like funds for voting by mail and the troubled U.S. Postal Service.

Padgett Business Services’ Roger Harris suggests some exceptions for employers with fewer than 50 staff.

More PPP details; virtues of reading instructions; the IRS slowly returns; and other highlights from our favorite tax bloggers.

The challenges for corporate reporting after COVID-19

We have all spent so much time and energy applying for the Paycheck Protection Program, trying to interpret and decipher the intent behind the words.

It’s a line you don’t hear every day from Wall Street titans: Maybe we really should pay higher taxes.

The guidance says some deductions of estates and non-grantor trusts are not considered to be miscellaneous itemized deductions.

House Speaker Nancy Pelosi dismissed President Donald Trump’s call for a payroll tax cut and changes in the capital gains tax, saying it wouldn’t help millions of unemployed workers and others struggling in an economy shut down by the pandemic.

The American Institute of CPAs’ Professional Ethics Executive Committee has decided to postpone the effective dates for three of its ethics interpretations in its Code of Professional Conduct for one year, due to the impact of the novel coronavirus pandemic.

Financial executives are taking a two-phase approach to managing coronavirus issues that face their companies, according to a new survey.

The Internal Revenue Service has posted information on how people who weren’t supposed to receive their economic impact payments for the novel coronavirus pandemic should return the money.

A bipartisan group of lawmakers introduced legislation Wednesday to enable small businesses to deduct their expenses even if they have received a loan from the federal government’s Paycheck Protection Protection Program that was later forgiven.

There's a great deal of help for businesses in the CARES Act and the FFCRA.