Subject Root Tag

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
shuttered-businesses.jpg
By Erik Wasson, Laura Litvan and Mark Niquette
June 4, 2020 10:03 AM

The bill, which passed the House last week on a 417-1 vote, now heads to President Donald Trump’s desk for his signature.

4 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
Michael Moeser
June 4, 2020 9:00 AM

The coronavirus pandemic has changed the way many industries conduct business — and that's especially true of the legal cannabis industry, which was already struggling in the U.S. to find the best way to handle noncash payments.

3 Min Read
Visitors at Shanghai Disneyland
John Adams
June 4, 2020 12:01 AM

Walt Disney Co. has at least temporarily cut several reservation and incentive features tied to its closed loop payment system, revealing the complexities of mixing health guidance with tourism.

4 Min Read
gusto-screen-2020.png
Michael Cohn
June 3, 2020 5:44 PM

The payroll provider has been partnering with accountants to help them secure loans for their small businesses.

5 Min Read
Sign in front of IRS building in Washington, D.C.
IRS
Michael Cohn
June 3, 2020 3:20 PM

The Internal Revenue Service is giving retirement plan participants and beneficiaries some added flexibility during the COVID-19 pandemic to remotely sign or have their retirement plan elections notarized.

2 Min Read
FASB chairman Russell Golden
Michael Cohn
June 3, 2020 2:48 PM

The Financial Accounting Standards Board released an accounting standards update providing a one-year effective date delay for private companies and organizations to apply the revenue recognition and leases standards due to COVID-19, although they still have the option to apply the standards early.

4 Min Read
Patrons play slot machines at the Mohegan Sun at Pocono Downs in Wilkes-Barre, Pa.
By Jon Prior
June 3, 2020 2:14 PM

Two years ago, the Tulsa, Okla., company expanded its Native American casino lending business nationwide. It seemed like a great plan until the coronavirus pandemic struck.

4 Min Read
Paul Burton
June 3, 2020 12:22 PM

Comptroller Kevin Lembo forecast a $620 million fiscal 2020 deficit in his monthly update to Gov. Ned Lamont.

3 Min Read