Subject Root Tag

small-business-closed.jpg
Russell Shinsky
May 8, 2020 4:41 PM

Despite this unprecedented crisis, organizations are responding with determination, purpose and compassion.

4 Min Read
IRS Commissioner Charles "Chuck" Rettig
IRS
Michael Cohn
May 8, 2020 3:37 PM

The Internal Revenue Service is giving taxpayers who want to receive their economic impact payments by direct deposit a tight deadline.

3 Min Read
GASB logo at headquarters in Norwalk, Connecticut
Michael Cohn
May 8, 2020 2:29 PM

The Governmental Accounting Standards Board is postponing the effective dates of many of its pronouncements and implementation guides for 12 to 18 months to provide some breathing room for accountants.

2 Min Read
John Adams
May 8, 2020 2:07 PM

When Fiserv purchased First Data in 2019, it was part of an industrywide push to combine bank and merchant technology under one roof. A year later, a key piece of First Data’s technology — and its top executive — have become Fiserv’s path through the coronavirus crisis.

4 Min Read
department-of-labor-6-bloomberg.jpg
Michael Cohn
May 8, 2020 10:38 AM

Accounting and bookkeeping shed over 67,000 jobs in the month of April, according to the Bureau of Labor Statistics.

3 Min Read
John Adams
May 8, 2020 10:36 AM

A mix of consumer debt and economic anxiety is shining a light on firms that offer alternatives to revolving credit. This, in turn, creates a chance to further tie financing directly to checkout.

3 Min Read
John Adams
May 8, 2020 12:01 AM

One of the selling points behind multi-account payment cards is the ability to shift spending on the fly or shortly after shopping, such as to fund a recent purchase with loyalty points. During the pandemic, this feature may become a key financial management tool.

3 Min Read
PPP loans by state
Kevin Wack
May 7, 2020 9:30 PM

Up to 12% of loans under the $660 billion small-business rescue program could be tied to misleading or completely phony applications, fueling concerns about lenders' potential liability.

8 Min Read
The H&R Block, Inc. logo is displayed in front of the company's flagship office in New York, U.S., on Friday, March 3, 2012. H&R Block, Inc. provides tax services to the general public, accounting and consulting services, and consumer financial and personal productivity software. Photographer: Scott Eells/Bloomberg
Jeff Stimpson
May 7, 2020 6:25 PM

The tax prep chain is offering consulting services starting at $99.

1 Min Read
Treasury Department building
Michael Cohn
May 7, 2020 6:15 PM

The decision, prompted by requests from a bipartisan group of lawmakers, reverses previous IRS guidance.

2 Min Read