Accounting
Latest News
Treasury, IRS Issue Guidance on Long-Term, Part-Time Employees in 403(b) Plans
Wolters Kluwer Provides Insights Into 2024 Natural Disaster Tax Relief Options
AICPA Submits Comments Regarding ‘Once Out, Always Out’ Pillar 2 Rule
IRS Proposes Regs to Exempt Tribal-Owned Companies From Income Tax
Xero Includes Hubdoc in Xero Plans and Launches Xero Tax UK to Bring More Value to Global Customers
Hubdoc, previously offered to customers as a standalone add-on, will be included in business edition plans from March 18, 2020 with a streamlined set up, single sign-on and access from within Xero. Xero Tax will also be made available to ...
IRS Extends Tax Payment Deadline — What You Can Do Now
Facing pressure from lawmakers and the tax community, on Tuesday, March 17, Treasury Secretary Mnuchin announced that the agency is giving taxpayers an additional 90 days to pay for those owing up to $1 million in taxes ...
White House Promotes $850 Billion Stimulus, Payouts to Americans this Month
The Trump administration is proposing $850 billion in economic stimulus to contain the effects of the coronavirus, including relief for small businesses and the airline industry, and sizable checks for American workers. Treasury Secretary Steven T. Mnuchin is expected to outline the request to Senate Republicans at a closed-door lunch on Capitol Hill and will […]
IRS Extends 2020 Tax Payment Deadline to July 15 – Coronavirus Response
Taxpayers and businesses will have until July 15, 2020 to pay their taxes this year without penalty. The change was announced on Tuesday afternoon, by Treasury Secretary Steven Mnuchin ...
2020 Tax Season Payment Deadline Extended to July 15 as Nation Fights Coronavirus – IRS News
Taxpayers and businesses will have until July 15, 2020 to pay their taxes this year, but the filing deadline is still April 15, for now. The change was announced on Tuesday afternoon, by Treasury Secretary Steven Mnuchin ...
What the Coronavirus Teaches Us About the State of the Accounting Profession
Employers, particularly in cities with many cases of Coronavirus detected, have begun to encourage or require employees to work remotely. This option presents an opportunity to be cautious and help curb the spread of the virus without sacrificing work ...
Amazon to Hire 100,000, Prioritize Essentials and Medical Goods in Virus Response
Amazon.com Inc. will hire 100,000 workers and is prioritizing the stocking of household staples and medical supplies as it struggles to deal with a surge in demand for online orders from customers avoiding stores during the coronavirus pandemic.
Bidet Sales Soar as Toilet Paper Aisles Empty
While Americans have long been resistant to bidets — a common feature in European toilets where jets of water clean you off instead of toilet paper — the spread of the coronavirus seems to be changing longtime views on self-washing.