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N.Y. Congressman Requests Trump’s Support For Tax Cap Elimination
Chicago Aldermen Give Mayor Brandon Johnson’s $300M Property Tax Plan the Boot
Some Enrolled Agents Have Until Jan. 31 to Renew Their Status, IRS Says
Rho Launches Partner Portal Specifically For Accountants
3.8 Million More U.S. Workers File for Unemployment, Rate Hits 22%
Millions more Americans filed for unemployment benefits last week, sending the six-week total above 30 million since the coronavirus pandemic began to shutter businesses across the country.
Avoiding Employee Recall Issues After Coronavirus Recedes: Labor Law
Whatever recall procedure an employer follows, it is imperative that employees be thoroughly informed about the process. This is a time for complete transparency. With employees understandably desperate to once again be earning a paycheck, those not ...
Coronavirus Charity: How to Decide Where to Donate
According to a survey of nonprofit organizations by Charity Navigator and Reuters this month, 83% of respondents said they were suffering financially because of the outbreak. Many groups have had to cancel fundraisers and in-person events ...
Some Governments Starting to Provide Coronavirus Relief to Gig Workers
With governments bracing for economic contractions and joblessness not seen since the Great Depression, more of them are doling out part of their $8 trillion-plus stimulus to prop up the gig economy — supporting part-time and freelance workers who ...
AICPA Suggests Conditions for PPP Loan Forgiveness
The recommendations were made in consultation with an AICPA-led small business funding coalition, CPA firms and other key stakeholders. They build on previous guidelines the AICPA has provided to help bring clarity to the implementation of the PPP.
IRS Website Now Has Tools to Add or Change Direct Deposit Information, Track Coronavirus Stimulus Payments
Taxpayers who did not have direct deposit information on record with the IRS can now enter or change that info on the IRS website Get My Payment tool.
IRS Urges Non-Tax Filers to Use Online Tool to Get Coronavirus Stimulus Payments
The Internal Revenue Service is recommending that low-income Americans use the free, online tool Non-Filers: Enter Payment Info to quickly and easily register to receive their Economic Impact Payment.
American Financial Satisfaction Sees Largest Drop in a Decade
The most notable factor driving the quarter-over-quarter PFSi decline was the PFS 750 Market index, an AICPA proprietary stock index comprised of the 750 largest companies trading on the US Market.