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TIGTA says more action is necessary to remove tax preparers who "cannot manage their own tax affairs, or worse, if they intentionally claim credits and deductions to which they are not entitled, they could undermine the tax administration system."

Events like COVID-19 are considered “Black Swans”. They are unpredictable and typically have severe consequences. They also create “losers” and “winners.” In addition to COVID-19, Black Swan events have included the 9-11 terrorist attack, the 2008 financi

The IRS is warning nursing home and other care facilities that Economic Impact Payments (EIPs) generally belong to the recipients, not the organizations providing the care. The IRS issued this reminder following concerns that people ...

MineralTree, a market-leading accounts payable (AP) and payment automation solution provider, today announced the availability of new end-to-end multi-currency capabilities for middle-market businesses. The offering equips users to automate the capture, processing, and approval of international invoices from around the world leveraging the same platform and workflow they use for domestic invoices. It also syncs […]

Paychex has introduced a PPP Loan Forgiveness Estimator and Forgiveness Report in its cloud-based HR suite, Paychex Flex, to simplify the application process for customers and provide them the ...

Retailers large and small need to take the time to implement a tax strategy that accounts for existing and expanding e-commerce compliance challenges – if they haven’t already. The tax landscape may have changed, but there are ways to keep up.

The addition of the Copy feature into Rewind Backups gives control of the data that powers their clients’ businesses. Current Rewind Backups customers can access Rewind Copy through their Backups application. New users will need to download the app ...

Establishing an emergency fund was overwhelmingly the most frequently cited step to prepare for a potential sharp economic downturn, included in 84 percent of CPA financial planners’ top three. Paying off high-interest debt (53 percent), reflecting on ...