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

Members of the American Accounting Association's Financial Reporting Policy Committee denounce provisions in the CARES Act they see as threatening FASB’s independence and setting a dangerous precedent with serious potential to undermine confidence in corporate financial reporting.

The U.S. Small Business Administration, in conjunction with the Treasury Department, released a loan forgiveness application for the SBA’s troubled Paycheck Protection Program, along with detailed instructions for the application.

Tax practitioners share the questions they’re getting asked most, and how they’re answering.

The measure, passed 208-199, would give cash-strapped states and local governments more than $1 trillion while providing most Americans with a new round of $1,200 checks

China’s securities regulator blacklisted six executives for their role in a $4.2 billion accounting scandal at Kangmei Pharmaceutical Co., one of the country’s biggest drugmakers.

The Small Business Administration’s troubled Paycheck Protection Program appears to be providing more businesses with long-awaited loans, despite the rocky rollout and ever-changing guidance, according to a new survey.

The Internal Revenue Service guidance caused some consternation among some small businesses and tax experts.

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.