Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
April 2, 2020
How Long Might the Coronavirus Recession Last?
As projections of the coronavirus death toll soar, forecasts for the ensuing economic carnage have also quickly turned much darker – both for the depth and duration of the damage.
April 2, 2020
New Unemployment Claims Hit 6.6 Million This Week
Initial U.S. unemployment insurance claims rose last week to over 6.6 million, bringing the total number of people to file initial claims in the last two weeks to nearly 10 million.
April 1, 2020
Starting April 3, Small Businesses Can Apply for Forgivable COVID-19 Loans
Small businesses shuttered by coronavirus countermeasures can start applying for emergency loans to cover payroll and other costs as soon as Friday, according to Treasury Department guidance.
March 31, 2020
New IRS Employee Retention Tax Credit for Small Businesses: Coronavirus Relief
The amount of the credit is 50% of qualifying wages paid up to $10,000 in total. Wages paid after March 12, 2020, and before Jan. 1, 2021, are eligible for the credit. Wages taken into account are not limited to cash payments, but also include a ...
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March 31, 2020
Health, Client, Business Concerns are Top of Mind for CPAs as COVID-19 Rages On
As COVID-19 continues to spread across the United States and throughout the world, Maryland CPAs say their biggest concerns center on counseling clients, balancing the bottom line, understanding new laws and regulations and ...
March 31, 2020
Feds and State Officials Cracking Down on Coronavirus Scams
Targeting the guys who would sell you the Brooklyn Bridge, state and federal authorities say coronavirus has empowered a new class of scam arts and speculators who see the crisis as a money-making opportunity, and are marshaling manpower to stop them.
March 30, 2020
Delaying Tax Filing and Payments: How are You Affected?
With these changes in mind, business leaders looking toward the remainder of 2020 should seek opportunities to make adjustments to their tax-related practices. The right adjustments might improve conditions both for employees and employers.
March 29, 2020
Summary of the Coronavirus Aid, Relief, and Economic Security (CARES) Act
This post summarizes the developments of the most massive stimulus bill in American history, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act will provide billions of dollars of relief to individuals, businesses, state and ...
March 27, 2020
Trump Signs $2 Trillion Coronavirus Relief Bill
The prospect of a long-term blow to the economy has prompted Trump to consider easing federal guidelines, despite warnings from governors, public health experts and some members of his own administration they should stay in place for longer.
March 27, 2020
Congress Passes $2 Trillion Stimulus Package, Trump Signs into Law
The standard check payment is $1,200 per individual or $2,400 for married couples who file a joint tax return. In addition, a family will be entitled to receive an extra $500 per child. For this purpose, a “child” is defined the same way as the term is us
March 27, 2020
Coronavirus Stimulus: Here are the Details on Stimulus Payments
The standard check payment is $1,200 per individual or $2,400 for married couples who file a joint tax return. In addition, a family will be entitled to receive an extra $500 per child. For this purpose, a “child” is defined the same way as...
March 26, 2020
$2 Trillion Economic Stimulus Bill is Great Step for Small Businesses and Employees, Says AICPA
The American Institute of CPAs (AICPA) is praising the CARES Act, the Senate’s $2 trillion economic stimulus bill, and said it would provide substantial relief for small businesses and employees once signed into law.