Accounting

May 27, 2020 

Under the proposed regulation for 2021 and future calendar years, the Treasury Department and the IRS will provide the rules and procedures for determining the default rate of withholding on periodic payments when a taxpayer has no withholding ...

May 27, 2020 

Nearly 4 million people are being sent their Economic Impact Payment by prepaid debit card, instead of paper check. The determination of which taxpayers received a debit card was made by the Bureau of the Fiscal Service, a part of the Treasury ...

Accounting May 27, 2020 

From May 2020: An employer’s best course to protect employees and customers, and minimize the potential for legal actions, is to continue to follow CDC, OSHA, and state and local health guidance.

JD, Richard D. Alaniz

May 27, 2020 

A Boynton Beach, Florida accountant embezzled more than $450,000 from a senior-care business by printing fraudulent checks to himself, police alleged in arresting him on a grand theft charge Friday.

May 27, 2020 

Nearly four in ten Americans (37 percent) admit they do not have a good sense of how much recovering from a natural disaster would cost their family financially. And seven in ten (71 percent) say that such an event would have a major or moderate ...

May 27, 2020 

Suspect cures and price gouging on short supplies have become a game of Whac-A-Mole for state and federal regulators and some businesses during the pandemic.

May 27, 2020 

But just 14% of respondents said they expected their incomes to increase in the next six months, the smallest share since 2013. “Consumers remain concerned about their financial prospects,” Franco said.

May 26, 2020 

The long-held idea that credit cards encourage overspending isn’t necessarily false. A journal article by University of Toronto Researcher Dilip Soman found that those who have a history of using credit cards as a form of payment tend to overspend ...

May 26, 2020 

The annual report theme is “Standards That Work for Everyone.” It provides an outline of how the Financial Accounting Standards Boards (FASB) and the Governmental Accounting Standards Board (GASB) work together to obtain fresh ...

May 26, 2020 

This latest GET API will allow XCM customers to access their engagement task information, including key dates and acceptance detail, typically captured throughout the lifecycle of an audit engagement, used to create a number of unique reporting needs ...

May 26, 2020 

The Illinois CPA Society (ICPAS) is pleased to award $84,000 in scholarships to 43 accounting students as part of its Accounting Scholarship Program, which supports accounting students at Illinois colleges and universities who demonstrate strong ...

May 26, 2020 

Teampay’s platform eliminates the need for retroactive expense reports by providing finance teams with real-time visibility into spend across an organization, and enabling employees to request and get purchases approved instantly, directly in their ...