News Feed

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Michael Cohn
November 16, 2020 2:19 PM

The Internal Revenue Service’s Criminal Investigation unit has been initiating fewer investigations of abusive tax return preparers this past year, while also recommending fewer prosecutions, and seeing fewer indictments and prison sentences this year.

5 Min Read
Alyssa Place
November 16, 2020 10:00 AM

Seventy percent of Black Americans do not receive mental health treatment. To combat stressors unique to this workplace population, employers must address discrepancies in their employee benefits.

4 Min Read
GASB logo at headquarters in Norwalk, Connecticut
Michael Cohn
November 13, 2020 5:25 PM

The Governmental Accounting Standards Board is giving state and local governments extra time to implement its new leases standard because of the coronavirus pandemic, and they will need it.

7 Min Read
FHA mutual mortgage insurance fund's capital ratio
November 13, 2020 3:32 PM

The Federal Housing Administration said in its annual actuarial report that the capital reserve ratio on its mutual mortgage insurance fund increased to 6.10% in fiscal year 2020, up from 4.84% a year earlier.

3 Min Read
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Michael Cohn
November 11, 2020 2:38 PM

The percentage of workers asking for compensation for work-from-home expenses with their employers hasn’t gone up significantly since the outbreak of COVID-19.

2 Min Read
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IRS
Michael Cohn
November 9, 2020 5:34 PM

The service is rolling out new systems and expanding forms that can be electronically filed by tax-exempt organizations.

8 Min Read
Alyssa Place
November 9, 2020 1:39 PM

With the presidential election now decided, managers can model empathy and boundary setting to get employees back on track and refocused at work.

2 Min Read
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Michael Cohn
November 6, 2020 2:04 PM

Eighty percent of the business leaders surveyed by BDO in the Americas said the focus of tax legislation changes constantly as the result of the elected party and/or it is difficult to predict.

5 Min Read
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Michael Cohn
November 6, 2020 11:28 AM

Unemployment declined 1 percentage point to 6.9 percent as the economy continues a slow recovery despite the ongoing COVID-19 pandemic.

3 Min Read
Paychex office
Michael Cohn
November 5, 2020 5:13 PM

Wages are set to go up in Florida after voters passed a minimum wage ballot initiative in Tuesday’s election.

4 Min Read