Latest Articles

April 27, 2020 

The series will focus on a variety of issues, from corporate planning in an evolving accounting ecosystem to diversity within the profession. Leaders from both Thomson Reuters and PrimeGlobal will participate in a series of virtual events highlighting ...

April 27, 2020 

At this point, there’s no point in pretending that things are anywhere close to normal. The coronavirus crisis has touched all of our lives, changing the way businesses operate and altering the tax calendar itself.

Amy Vetter

April 26, 2020 

As of April 17, 2020, the IRS reported that 115,961,000 individuals had filed their 2019 tax returns, compared to 137,233,000 returns filed for 2018 by April 19, 2019. That is 21,272,000 less— a drop-off of 15.5%.

April 25, 2020 

Supplemental Security Income and Department of Veterans Affairs beneficiaries need to act by May 5 if they didn’t file a tax return in 2018 or 2019 and have dependents so they can quickly receive the full amount of their Economic Impact Payment.

April 24, 2020 

As the COVID-19 pandemic has strained the U.S. economy and put millions out of work, Americans have experienced the biggest drop in their personal financial satisfaction in more than a decade.

April 24, 2020 

Under the Coronavirus Aid, Relief and Economic Security (CARES) Act that was signed into law on March 27, 2020, businesses may delay paying the employer portion of the Social Security payroll taxes on wages paid for the period from ...

April 24, 2020 

The IRSAC serves as an advisory body to the Commissioner of the Internal Revenue Service and provides an organized public forum for discussion of relevant tax administration issues between IRS officials and representatives of the public.

April 24, 2020 

Firms that already had at least one cloud system in place prior to the COVID-19 pandemic fared far better than firms that did not have any cloud systems in place.

April 24, 2020 

Perhaps the most significant and lasting change will be how we work, as millions of Americans have transitioned to working from home instead of commuting to the office. While this change brings many perks, including a lot less traffic on the road ...

April 24, 2020 

The final bill includes $320 billion to make new loans under the Paycheck Protection Program, which provides forgivable loans to small business that keep employees on the payroll for eight weeks. The measure includes $60 billion in EIDL.

April 23, 2020 

Rea & Associates Inc., a regional accounting and business consulting firm, has announced its intention to acquire and merge in the Concord, Ohio-based firm, Jones Battles Group LLC, June 1, 2020. Additionally, Rea plans to merge in the ...

April 23, 2020 

As the country works to navigate changes in federal and state tax filing and payment deadlines as a result of the global coronavirus pandemic, the American Institute of CPAs (AICPA) is providing recommendations for administrative, filing and payment ...