Latest Articles

July 6, 2020 

With the federal income tax deadline just around the corner, the Internal Revenue Service wants to remind taxpayers that IRS.gov offers tips on finding a qualified tax professional.

July 6, 2020 

About half of the non-filers owe more than $50,000 in tax while close to 2,000 scofflaws are on the hook for more than $1 million. Besides the back taxes, wayward taxpayers will generally be hit with a 5% penalty for ...

July 6, 2020 

The TCJA generally eliminated NOL carrybacks and permitted NOLs to be carried forward indefinitely. The TCJA also provides special rules for nonlife insurance companies and farming losses.

July 6, 2020 

President Trump has signed into law an extension of the Paycheck Protection Program.

July 6, 2020 

The commerce giant’s grocery strategy is also advancing on another front, with new locations of its conventional checkout grocery stores coming to Seattle, California, and the Chicago and Washington, D.C., areas.

July 6, 2020 

Now nearly four months into COVID-19, it’s becoming clear how big a hole the pandemic created in the airline experience. And the next three to four months could be just as telling as the last.

July 6, 2020 

Tom Ivory, the founder of the Baker Street Bread Co. in Philadelphia’s Chestnut Hill section, fought a valiant effort for years to rein in bank fees by imposing a minimum credit card purchase of $10. But more customers wanted to go cashless, and Ivory eventually relented and accepted plastic for any transaction, no matter how...…

July 6, 2020 

The cash payment plan allows taxpayers to make a payment without a bank account or credit card at participating 7-Eleven stores, Ace Cash Express and Casey's General Stores nationwide.

July 6, 2020 

The grants, funded by the AICPA Foundation, will provide $2,000 to up to 25 students who are experiencing extenuating circumstances, such as loss of job or internship, due to COVID-19 to help cover ...

July 6, 2020 

As organizations begin to re-evaluate risks in the context of the “new normal,” businesses will need to take steps to identify and minimize risks that may once have been controlled in at least three key areas.

July 3, 2020 

Three of accounting’s four most influential thought leaders will lead a conversation about the future of the profession to kick off “Insight Reimagined,” the 2020 convention of the National Association of Black Accountants.

July 2, 2020 

You’ve heard the stories. Colleagues or other acquaintances were recently furloughed because of the COVID-19 lockdown. Some have been welcomed back as their offices begin to reopen. Others have not been so lucky. Fear and uncertainty continue to hang over the entire global job market, and the accounting industry is no different.  Like professionals in...…