News Feed

John Adams
June 5, 2020 9:30 AM

The race to provide coronavirus relief for small businesses is opening new routes to fund payments, including underused credit lines.

3 Min Read
An IRS office building in the East Harlem neighborhood of New York
IRS
Jeff Stimpson
June 4, 2020 6:56 PM

The service is looking to go online to help more taxpayers who aren’t represented by counsel.

1 Min Read
Laura Alix
June 4, 2020 5:34 PM

James Smith, who recently completed his gradual transition out of banking, was spearheading a public-private economic development plan for Connecticut when the coronavirus pandemic hit. The crisis made the need for the plan greater — and the job harder.

4 Min Read
AICPA building in Durham, N.C.
Michael Cohn
June 4, 2020 5:06 PM

Business executives who are also CPAs have sharply reduced their outlook for profits, sales, hiring and the overall economy over the next 12 months, because of the COVID-19 pandemic, according to a new survey by the American Institute of CPAs.

3 Min Read
SignEasy PPP loan
Ranica Arrowsmith
June 4, 2020 4:55 PM

Small businesses have run into roadblocks trying to apply for PPP loans since the pandemic triggered mandatory closures.

2 Min Read
FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut
Michael Cohn
June 4, 2020 4:22 PM

The pandemic and the new accounting standard are leading to lower regulatory capital ratios at global investment banks, according to a new report.

3 Min Read
Yvette Shields
June 4, 2020 4:18 PM

The state's ratings, just one rung above junk, are holding steady after analysts' initial review of a fiscal 2021 budget that pins hopes on future federal relief.

7 Min Read
Paul Burton
June 4, 2020 12:52 PM

Chairman Patrick Foye said the designation will better position the authority to cope with the revenue loss from the coronavirus pandemic.

3 Min Read
The New York State Capitol Building in Albany
Judy Vorndran and Stacey Roberts
June 4, 2020 12:00 PM

The financial landscape is looking worse than lawmakers expected, sending states to ferret out every opportunity to expand, demand, and open new and broader tax pipelines. No business will be spared.

1 Min Read
AdobeStock_78339364.jpeg
Dave Martin
June 4, 2020 9:23 AM

Digital banking has ramped up during the coronavirus lockdown but customers will seek somewhere to go as cities reopen. A branch could provide that safe haven.

3 Min Read