Accounting

Richard Branson moved assets from the U.S. to the British Virgin Islands, highlighting his use of tax havens at a time one of his businesses sought a state bailout because of the coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/articles/branson-shifts-1-1b-galactic-holding-between-tax-havens

The U.S. government’s $2.2 trillion stimulus package comes with a perk for high fliers: Flights are getting cheaper for some private-jet customers. Original Article Posted at : https://www.accountingtoday.com/articles/private-flights-getting-cheaper-thanks-to-coronavirus-stimulus-tax-relief

This is normally the time of year when the federal government is collecting taxes due, but the devastating coronavirus now has the U.S. trying to rapidly dole out hundreds of billions of dollars in aid and tax breaks to businesses large and small. Original Article Posted at : https://www.accountingtoday.com/articles/billions-in-stimulus-cash-who-gets-it-and-how-to-get-access

Jim Bourke of Top 100 Firm Withum shares what his firm and others have learned from responding to the COVID-19 pandemic. Original Article Posted at : https://www.accountingtoday.com/podcast/coronavirus-lessons-learned

Even as they still have to deal with tax season, the service is tasked with handling much of the stimulus packages. Original Article Posted at : https://www.accountingtoday.com/list/10-things-to-know-about-irs-operations-during-the-coronavirus-pandemic

Chief financial officers are playing a key role in helping their companies cope with the fallout from the coronavirus pandemic and the economic devastation it’s causing, according to officials from the Institute of Management Accountants. Original Article Posted at : https://www.accountingtoday.com/news/cfos-steering-companies-through-coronavirus-crisis-ima-finds

ICPAS announces 2020 outstanding leadership award winners; Abacus Worldwide and JHI merge; and more CPA news. Original Article Posted at : https://www.accountingtoday.com/list/people-firms-on-the-move-rsm-elects-international-board-chairperson

Accounting and tax professionals are especially in the throes of the evolving situation as federal and state governments discuss how they will provide relief to struggling families and American businesses. Original Article Posted at : https://www.accountingtoday.com/opinion/coronavirus-business-survival-resources-and-relief

The accounting scandal at Starbucks Corp.’s biggest competitor in China triggered a rout in shares linked to the company’s chairman, wiping out most of his wealth and knocking the tycoon out of the ranks of China’s billionaires. Original Article Posted at : https://www.accountingtoday.com/articles/tycoon-behind-luckin-loses-1b-after-accounting-scandal