Accounting
Coronavirus rescue plan for U.S. small business kicks off beset by concerns
The Trump administration’s $349 billion small-business rescue kicked off Friday surrounded by concerns about its ability to handle an expected flood of applications and deliver enough aid to mom-and-pop firms hit hardest by the coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/articles/coronavirus-rescue-plan-for-u-s-small-business-kicks-off-beset-by-concerns
Read MoreLow-Income Workers Without Children May Miss Out On The Coronavirus Rebates
To get the coronavirus rebates in the Coronavirus Aid, Relief, and Economic Security (CARES) Act this year, most people will have to file an income…
Read MoreSome coronavirus stimulus checks may not arrive until September
Some people counting on $1,200 stimulus checks from the government may not see the money until mid-September, according to a House Ways and Means Committee analysis. Original Article Posted at : https://www.accountingtoday.com/articles/some-coronavirus-stimulus-checks-may-not-arrive-until-september
Read MoreLeading a 100-percent remote workforce
For years now, my CPA firm has had the ability to work remotely. Never, though, did I consider a scenario where everyone would be working from home for weeks on end. Original Article Posted at : https://www.accountingtoday.com/opinion/leading-a-100-percent-remote-workforce
Read MoreTax Fraud Blotter: Civic misbehavior
Over the Topps; a thirst for fraud; the sky is limited; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-civic-misbehavior
Read MoreApril 2nd Evening State Tax Update
On March 19 we launched a tracker providing a repository of information related to state fiscal policy responses to COVID-19. We are updating the tracker frequently and will be using the Tax Foundation blog to summarize new developments and provide analysis of relevant trends as they emerge. This blog post is part of that series.…
Read MoreIntuit joins GoFundMe, Yelp to provide small business relief
The Small Business Relief Initiative is designed to get money in the hands of small businesses specifically struggling to pay employees and business expenses during the pandemic. Original Article Posted at : https://www.accountingtoday.com/news/intuit-joins-gofundme-yelp-to-provide-small-business-relief-during-coronavirus-pandemic
Read MoreGASB releases guidance on LIBOR transition
The Governmental Accounting Standards Board published guidance to help state and local governments transition move to newer reference rates that are less prone to market manipulation. Original Article Posted at : https://www.accountingtoday.com/news/gasb-releases-guidance-on-libor-transition
Read MoreIRS warns of coronavirus-related tax scams
The Internal Revenue Service issued a warning urging taxpayers to beware of scammers calling and emailing them about the stimulus payments they are expecting as a result of last week’s CARES Act. Original Article Posted at : https://www.accountingtoday.com/news/irs-warns-of-coronavirus-related-tax-scams
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