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During the 2020 presidential campaign, Democratic candidates made many proposals for changes to the Tax Code, ranging from changes to the tax rates to the imposition of a new 5 percent excise tax and a national sales tax.

There are signs of a slowdown in the economic recovery as the COVID-19 pandemic continued to spread.

Small-business employment and hours worked grew a bit in September, especially in the Northeast and within the construction industry, according to the latest monthly report from payroll giant Paychex.

Regardless of their voting intentions, they overwhelmingly expect things to improve after Nov. 3.

Despite the many, many downsides of COVID-19, one of the biggest silver linings has been that it forced CPAs and accountants into being true advisors to their clients.

The shutdown in March forced O&G firms to confront the inefficiencies of their financial processes.

Most companies don’t expect to reduce their office space in the coming year.

As many businesses and consumers have been forced to deal with the difficult conditions thrust upon them by the COVID-19 pandemic, so too have fraudsters needed to make adjustments just to continue their life of crime.

If the pandemic has a silver lining, it’s that the global accounting world is becoming smaller and borderless.

As the pandemic has stretched on further into 2020, with more lockdowns and economic disruption predicted heading into the fall and winter, continuing to offer fee waivers has not always proved financially viable.