The Latest

A man walks past the IRS headquarters in Washington, D.C.
Michael Cohn
August 12, 2020 7:36 PM

Payroll companies need guidelines on how to implement President Trump's executive order before they can start processing paychecks next month.

9 Min Read
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By Jordan Fabian
August 12, 2020 5:25 PM

The White House isn’t considering an executive order to carry out President Donald Trump’s call for a cut in the capital gains tax because Congress probably would have to change the rate, administration officials said.

1 Min Read
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Michael Cohn
August 12, 2020 3:26 PM

Among the pandemic-related issues covered are how to handle the Paycheck Protection Program and other stimulus efforts.

1 Min Read
Breakdown of Truist chatbot sessions
Miriam Cross
August 12, 2020 2:24 PM

Built to respond to borrowers' questions about mortgage deferrals, the bot created by Salesforce is evolving and in the future could conduct transactions, handle a wide range of queries or help with emergencies.

4 Min Read
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Sam Graziano
August 12, 2020 2:19 PM

A public-private partnership that has fewer rules and restrictions than the Paycheck Protection Program would save more small businesses.

3 Min Read
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By Laura Davison
August 12, 2020 11:00 AM

President Donald Trump’s order to delay collection of payroll taxes thrusts a dilemma on U.S. companies: continue withholding the money from workers expecting bigger paychecks or pass it on and potentially put themselves or their employees at risk of a big end-of-year bill from the IRS.

3 Min Read
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By Laura Davison
August 12, 2020 9:45 AM

President Donald Trump is tapping his presidential authority to make tax changes that Congress is refusing to do, but his limited power means he could end up over-promising and under-delivering on his pledge to slash IRS bills.

4 Min Read
A sign advising of social distancing measures in place stands on display at the entrance to a Pick n Pay Stores Ltd. supermarket in Johannesburg, South Africa, on Monday, May 11, 2020.
Gregg Genovese
August 11, 2020 12:00 PM

Outsourced accounting is among the options business leaders should carefully consider in these unprecedented times.

3 Min Read
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By Laura Davison and Mario Parker
August 11, 2020 9:48 AM

President Donald Trump said he’s “very seriously” considering a capital gains tax cut, a move he decided against last September after saying it wouldn’t do enough to help the middle class.

1 Min Read
PwC building on Park Avenue in New York
PwC
Michael Cohn
August 10, 2020 4:49 PM

PricewaterhouseCoopers has been building its managed tax services business since 2017, but now it sees an opportunity to help companies who are dealing with COVID-19.

7 Min Read