News Feed

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Michael Cohn
November 23, 2020 3:43 PM

Concerns are increasing over the growing spread of COVID-19 and the preparedness of the incoming administration to deal with vaccine distribution and other critical issues.

5 Min Read
Hotel occupancy by-the-numbers
By Jim Dobbs
November 23, 2020 2:09 PM

Hospitality sector credits are coming out of forbearance just as coronavirus cases surge. Restructurings and charge-offs could mount unless vaccine distribution happens quickly enough to jump-start travel by mid-2021.

5 Min Read
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IRS
Michael Cohn
November 20, 2020 5:32 PM

The American Institute of CPAs is firing back after a congressional hearing, asking for penalty relief for taxpayers dealing with the pandemic.

5 Min Read
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Michael Cohn
November 20, 2020 3:42 PM

Taxpayers around the world lose at least $427 billion each year to individual tax evasion and multinational corporate profit-shifting, which undercuts public funding for a COVID-19 response, according to a new report.

4 Min Read
Sign in front of IRS building in Washington, D.C.
IRS
Michael Cohn
November 19, 2020 4:45 PM

The Internal Revenue Service reminded taxpayers Thursday that they only have until Nov. 21 at 3 p.m. Eastern Time to register for an Economic Impact Payment of $1,200 or more.

2 Min Read
Steven Mnuchin, Treasury Secretary nominee
IRS
Michael Cohn
November 19, 2020 11:19 AM

The guidance clears up the tax treatment of expenses when a loan from the Paycheck Protection Program hasn’t been forgiven by the end of the year.

7 Min Read
Alyssa Place
November 19, 2020 5:00 AM

From the “Start, stop, continue” method to declining weekly meetings, these tips help employees be more productive and find their purpose at work.

1 Min Read
IRS building 2
IRS
Michael Cohn
November 18, 2020 5:08 PM

The pandemic is throwing a monkey wrench into plans for the Internal Revenue Service to reorganize itself to provide better taxpayer service.

3 Min Read
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Michael Cohn
November 18, 2020 4:39 PM

Nearly one-third of companies are reducing their overall real estate footprint as a result of the COVID-19 pandemic, with 31 percent of companies renegotiating leases for more favorable terms, according to a new report.

2 Min Read
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Michael Cohn
November 18, 2020 3:52 PM

Employees working remotely during the coronavirus pandemic claimed some outlandish expenses this year, including pricey exercise bikes, facelifts and private jets.

1 Min Read