Tax

Republicans and Democrats reached a hard-won agreement on the Senate’s $2 trillion worth of fiscal stimulus to shore up an economy crippled by the coronavirus pandemic. The final version was the product of intense negotiations between Senate Democratic leader Chuck Schumer and Treasury Secretary Steven Mnuchin. With the measure clearing the Senate, House Speaker Nancy […]

Amid all the changes to society caused by efforts to slow the spread of Coronavirus, there are a few tips you can share with your clients to save them money on taxes for the 2020 filing year (next year). Our advice to our clients is to keep records ...

We hope our last blog helped your organization consider its response to the current global health crisis. As the situation surrounding COVID-19 has progressed, more travel restrictions and social distancing practices are being implemented every day. More and more companies are implementing work-from-home policies to adapt to the changing situation. We’ve been tracking the data […]

Avii (www.avii.com) is providing the Avii Workspace unified firm cloud platform for tax, audit, advisory, compliance and management consulting firms at no cost in its full version for up to 25 internal firm users with up to 1GB of data storage and ...

In the next few weeks, many firms struggling during the recession will rush to file to get their returns. Others may use this time as a needed reprieve to start getting their affairs in order to meet the extended deadline.

Specifically, the AICPA urges the Treasury Department and IRS to consider the following recommendations, which will provide relief to millions of individuals and businesses affected by a broad array of coronavirus-related issues:

After haggling for days over the final details, Senate Democrats and the White House agreed Tuesday to a nearly $2 trillion stimulus package to combat the economic fallout of the coronavirus outbreak, including direct payments to most Americans and a half-trillion-dollar fund to shore up struggling companies. The stimulus bill — by far the largest […]

For many businesses, tracking down receipts and urging employees to submit their expense reports ahead of company deadlines is stressful and frustrating, yet it’s usually understood as part of running the business.