Accounting
5 reasons to move into sell mode at your firm amid coronavirus
It’s a good time to be opportunistic about your firm’s future — and to poke these embers in a meaningful way. Original Article Posted at : https://www.accountingtoday.com/list/5-reasons-to-move-into-sell-mode-at-your-firm-amid-coronavirus
Read MoreIRS expands tax relief for taxpayers taking money from their retirement plans amid coronavirus
The Internal Revenue Service provided guidance Friday to taxpayers who are taking advantage of some provisions in the CARES Act that allow them to take out money from their retirement accounts due to the pandemic. Original Article Posted at : https://www.accountingtoday.com/news/irs-expands-tax-relief-for-taxpayers-taking-money-from-their-retirement-plans-amid-coronavirus
Read MoreFathom debuts Advisable, an educational platform for accountants
Advisable taps advisory teams from around the world who share their insights and experience. Original Article Posted at : https://www.accountingtoday.com/news/fathom-debuts-educational-platform-for-accountants
Read MorePeople & firms on the move: CLA opens registration for virtual summer program
Mindbridge named a World Economic Forum Technology Pioneer; Mazars USA opens office in Dallas; and more CPA news. Original Article Posted at : https://www.accountingtoday.com/list/people-firms-on-the-move-cla-opens-registration-for-virtual-summer-program
Read MoreCredit strategies for protecting working capital in a crisis
For B2B sellers, extending credit to customers always carries a degree of risk — payments could be delayed, or worse yet delinquent, jeopardizing working capital. But in an economic crisis, that risk is compounded. Original Article Posted at : https://www.accountingtoday.com/opinion/credit-strategies-for-protecting-working-capital-in-a-crisis
Read MoreWirecard’s missing $2.1B forces out CEO, panics lenders
Markus Braun’s almost two decades as Wirecard AG’s chief executive officer ended after accusations about the company’s accounting culminated in a shock disclosure that it was unable to locate 1.9 billion euros ($2.1 billion). Original Article Posted at : https://www.accountingtoday.com/articles/wirecards-missing-2-1b-forces-out-ceo-panics-lenders
Read MoreShould Congress Pump Money Into Businesses By Shifting The Timing Of Tax Benefits?
Should Congress manipulate the timing of business tax benefits to support firms in the midst of the COVID-19 economic slump? And if so, how?
Read MoreIRS employees are returning to offices amid coronavirus
Internal Revenue Service employees are beginning to go back to their offices to deal with the mountain of paperwork awaiting them, even as some are testing positive for COVID-19, but they quickly adapted to working remotely in recent months, according to a group of top IRS officials. Original Article Posted at : https://www.accountingtoday.com/news/irs-employees-are-returning-to-offices-amid-coronavirus
Read MoreEY and multinational tax clients adjust to coronavirus
Ernst & Young and its business tax clients at companies across the U.S. and other countries have faced a series of challenges amid the pandemic. Original Article Posted at : https://www.accountingtoday.com/news/ey-and-multinational-tax-clients-adjust-to-coronavirus
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