News Feed

A man walks past the IRS headquarters in Washington, D.C.
Michael Cohn
July 28, 2020 5:35 PM

The service released the final regulations and other guidance on the deduction, which was amended by the CARES Act.

2 Min Read
Barry Melancon at the 2019 Digital CPA conference
Daniel Hood
July 28, 2020 3:47 PM

The coronavirus pandemic has opened up a number of specific areas with potential for the profession, according to leaders at the AICPA.

4 Min Read
economic-impact-payment.jpg
Michael Cohn
July 28, 2020 3:38 PM

Democrats in Congress are criticizing how millions of economic impact payments authorized under the CARES Act are being handled.

3 Min Read
Senator Chuck Grassley, a Republican from Iowa, released a stimulus plan that provides enhanced federal unemployment insurance and direct stimulus payments, but does not provide a more direct way of getting funds to taxpayers.
John Adams
July 28, 2020 2:36 PM

Republicans and Democrats are negotiating a new coronavirus stimulus package, but there’s still no law on the books designed to erase the problems that prevented many stimulus payments from getting directly to recipients.

4 Min Read
nCino revenues
By Jon Prior
July 28, 2020 12:50 PM

The pressure is on the fintech, which helps banks make digital loans, to stanch its losses and show its lofty market valuation was deserved.

3 Min Read
Bill Clerico
John Adams
July 28, 2020 12:01 AM

Bill Clerico created WePay during the last financial crisis, and sees a similar opportunity now. The coronavirus pandemic is affecting different markets in vastly different ways, and easing the flow of capital is just one way to provide help.

4 Min Read
AT-072720-LeaseTransitionEffortChart.png
Michael Cohn
July 27, 2020 5:00 PM

More than half the companies that completed their first audits under the new standard needed to make an extra effort.

6 Min Read
Hantz Fevry, founder and CEO, Stoovo
Penny Crosman
July 27, 2020 2:34 PM

Current, Stoovo and other companies are reaching out with low-cost, low-fee financial services and even tools to help users search for part-time jobs.

9 Min Read
irs-headquarters-american-eagle-sign.jpg
Michael Cohn
July 27, 2020 12:54 PM

New regulations to help employers reconcile any advance payments of refundable employment tax credits and recapture the benefit of these credits when necessary, in line with the CARES Act and the Families First Act.

1 Min Read
Inside the Amazon Go grocery store
John Adams
July 27, 2020 11:09 AM

Checkout-free stores still feel experimental, but the coronavirus pandemic is pushing more retailers to contemplate how to reduce human interaction in larger settings.

4 Min Read