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IRS headquarters
IRS
Michael Cohn
June 12, 2020 5:28 PM

The Internal Revenue Service is extending the due dates on its balance due notices because it wasn’t able to mail out the preprinted letters to taxpayers due to office closures during the ongoing COVID-19 pandemic.

3 Min Read
IRS commissioner nominee Charles Rettig
Michael Cohn
June 12, 2020 5:05 PM

The Internal Revenue Service is warning taxpayers and tax professionals once again to beware of tax fraud and other related financial scams related to the COVID-19 pandemic.

3 Min Read
Boarded up residential buildings in the Port Morris neighborhood of the Bronx
IRS
Michael Cohn
June 12, 2020 3:55 PM

The Internal Revenue Service is giving investors in opportunity zone funds relief from some of the requirements in the controversial program because of the COVID-19 pandemic.

5 Min Read
Miriam Cross
June 12, 2020 2:16 PM

The success of Isbank's Maxi service is a lesson for all banks: Chatbots, with the right training, can provide the kind of human touch customers need in times like these.

5 Min Read
shuttered-businesses.jpg
Eric Hines
June 12, 2020 1:30 PM

As companies contend with the economic impact of the global pandemic and the related risks, management should be prepared for heightened auditor scrutiny.

5 Min Read
coronavirus-masked-pedestrian-spain.jpg
By Katie Linsell and Olivia Konotey-Ahulu
June 12, 2020 11:25 AM

A backlash is growing among regulators and participants against EBITDA — earnings before interest, taxes, depreciation, amortization and coronavirus.

2 Min Read
Shoppers wearing protective masks take an escalator in the Patio Brasil shopping mall in Brasilia, Brazil.
June 12, 2020 10:50 AM

Latin America is seeing a surge in digital wallet adoption as governments seek ways to disburse coronavirus aid to vulnerable citizens, and consumers look for safe alternatives to cash.

6 Min Read
Angie Holsen, senior director of commercial client relationships at PRGX Global.
David Heun
June 12, 2020 12:01 AM

Inaccurate payments have plagued accounts payable and receivable departments from the time suppliers' contracts and invoices were stored in boxes and file drawers to the dawn of data-driven digital transactions.

3 Min Read
Penny Crosman
June 11, 2020 9:00 PM

Mobile banking use has swelled since the pandemic hit, and law enforcement officials expect hackers to target the credentials of digital novices. The FBI stressed the importance of two-factor authentication and ensuring consumers know how to spot fake apps that carry malware.

5 Min Read
June 11, 2020 3:09 PM

The Volunteer State reported a nearly 16% decline in revenues in April, much of which was due to stay-at-home orders and delayed tax filings.

2 Min Read