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The proposal would give a safe harbor to financial institutions that work with cannabis companies in states where the substance is legal. But the bill, which would direct $3 trillion in aid to struggling households, businesses and local governments, faces long odds in the Republican-controlled Senate.
Residents of states such as Utah, Idaho and South Dakota collected average stimulus payments topping $1,800.
More than four out of five states needed supplemental appropriations, rainy day funds or fiscal reserves to meet coronavirus challenges.
The IRS is extending the claims period for health care flexible spending arrangements and dependent care assistance programs and enabling taxpayers to make mid-year changes to their accounts.
More issuers are missing bond payments and deadlines for filing annual financials; the Roman Catholic Church of the Archdiocese of New Orleans filed for bankruptcy partially blaming COVID-19, affecting $41 million of bonds.
The challenges for corporate reporting after COVID-19
In the wake of a global pandemic, everything is being re-thought.
We have all spent so much time and energy applying for the Paycheck Protection Program, trying to interpret and decipher the intent behind the words.
Kate Brown also joined with the other governors and officials of the western states to urge Congress and the Trump administration to approve $1 trillion in aid.
EY’s Dutch unit is asking its partners in the Netherlands to stump up funding to help it confront the blow to its business from COVID-19 measures.