Accounting
Leadership: The hardest soft skill CPAs need today
How to deal with the emotional ramifications of coronavirus. Original Article Posted at : https://www.accountingtoday.com/opinion/leadership-the-hardest-soft-skill-cpas-need-today
Read MoreSenate coronavirus relief package includes CECL delay
The $2.2 trillion package passed by the Senate includes a provision that would allow banks to postpone compliance with the credit losses standard. Original Article Posted at : https://www.accountingtoday.com/news/senate-coronavirus-relief-package-includes-cecl-delay
Read MoreGASB may postpone some standards and implementation guidance due to coronavirus
The Governmental Accounting Standards Board is considering delaying the effective dates of its standards and implementation guides because of the novel coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/news/gasb-may-postpone-some-standards-and-implementation-guidance-due-to-coronavirus
Read MoreSenate approves $2.2T coronavirus rescue package with tax breaks
The Senate voted 96-0 late Wednesday to approve a sweeping $2.2 trillion stimulus package to help the nation emerge from the coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/news/senate-approves-2-2t-coronavirus-rescue-package-with-tax-breaks
Read MoreDenmark Unplugs the Economy
The coronavirus pandemic has prompted lawmakers all over the world to pass sweeping relief packages for citizens and businesses unable to work and operate normally. Because of social distancing, shelter-in-place, and quarantines, the economy has practically been “frozen” and the relief packages are supposed to carry companies and workers over to the other side of…
Read MoreVirus tax breaks could boost Walmart, vodka distillers, students
Large retailers like Walmart Inc. and Target Corp., as well as student loan borrowers, are on a long list of potential winners from tax breaks included in a $2 trillion coronavirus relief bill approved by the Senate. Original Article Posted at : https://www.accountingtoday.com/articles/virus-tax-breaks-could-boost-walmart-vodka-distillers-students
Read MoreHow Will The Coronavirus Stimulus Bill’s Individual Payments Work?
For many households, the most important provision of the massive $2.2 trillion stimulus bill passed by the Senate last night will be the individual cash…
Read MoreMarch 26th Morning 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 post is part of that series. Past Updates:…
Read MoreIntruder alert: What tax pros say to those who interrupt work
Practitioners share ways to respond to clients who think the postponed deadline means they’re not busy. Original Article Posted at : https://www.accountingtoday.com/news/intruder-alert-what-tax-pros-say-to-those-who-interrupt-work
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