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May 11, 2020 

Did Corporate Tax Cuts Reduce Shifts Abroad?

When the Tax Cut and Jobs Act (TCJA) was signed into law by President Trump in December 2017, its steep reduction of the U.S. corporate tax rate from 35% to 21% addressed what was widely considered the principal factor in companies' shifting ...

Treasury Checks

May 11, 2020 

IRS Sees Dead People With Stimulus Checks

The IRS has discovered that it has mailed checks to deceased people by mistake. It’s unclear how many such checks have been delivered, but it’s thought to be significant, because about 2 million people in the U.S. die each year.

Coronavirus Payments by State 1

May 10, 2020 

IRS Releases State-by-State List of Coronavirus Stimulus Payments

The Treasury Department and the IRS have released updated state-by-state figures for Economic Impact Payments, with approximately 130 million individuals receiving payments worth more than $200 billion in the program’s first four weeks. (Up through May 8)

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May 10, 2020 

IRS to Taxpayers: Act Now to Speed Up Stimulus Payments

The IRS is drawing a line in the sand: It has announced that taxpayers have until high noon on Wednesday, May 13, to provide direct deposit information for their stimulus payments. Otherwise, they’ll have to wait for paper checks to arrive through snail mail (IR-2020-92, 5/8/20). We’re working hard to get more payments quickly to...…

Ken Berry, JD

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May 8, 2020 

Unemployment Rate Hits 14.7%, Highest Since Great Depression

The U.S. economy suffered its biggest labor market shock on record, as government figures released Friday showed the COVID-19 pandemic erased 20.5 million jobs and sent the nation’s unemployment rate to 14.7%, the highest since the Great Depression.

20Q3_US_EN_Small_Generic_Accountants_SOL_Content Syndication_1572x880_Automate your practice

May 8, 2020 

AUTOMATE YOUR PRACTICE: A Guide for Accounting and Bookkeeping Practices

Automation offers CPAs, accountants, bookkeepers and other finance professionals the opportunity to focus on delivering more value to clients and key stakeholders, so you can drive business forward and perform at your best. 83% of US accountants say they’ll use automation within the next three years. Discover all the ways you can be one of...…

 A Better Payments Readiness Model for the New World

May 8, 2020 

A Better Payments Readiness Model for the New World

Difficult economic times are ahead. We don't know how difficult they’ll be, or how long they’ll last, but finance teams around the globe are bracing for them. Cash management and cost-cutting will be essential.