Payroll

By law, unemployment compensation is taxable and must be reported on a 2020 federal income tax return. Taxable benefits include any of the special unemployment compensation authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

In 2020 they’re needed more than ever for companies to still conduct business remotely. Adapting compliance standards allow businesses in any industry to use eSignature platforms to stay effective.

Many CPAs are turning to the latest communications systems in order to communicate effectively with clients. VoIP, which stands for voice over internet protocol, is literally changing the way CPAs communicate.

The IRS says it is looking for ways to help people who were unable to provide their information in time to receive Economic Impact Payments for their children. As part of that effort, the Internal Revenue Service announced today it will reopen the ...

As a general rule, if you have clients who are U.S. citizens or resident aliens, and they live abroad, they are taxed on their worldwide income. However, they may qualify to exclude from income up to $105,900 for tax year 2019 ($107,600 for tax year 2020)

CCH Axcess Knowledge Coach PCR allows accountants to maximize efficiency by combining industry-specific guidance with a powerful and dynamic workflow engine to guide accountants dynamically and efficiently through the entire process ...

The memorandum issued by President Trump mandating the Treasury Department defer the collection and payment of employee payroll taxes has caused confusion and concern among accountants and businesses.

For services provided on or after Jan. 1, 2020, and for plan years beginning on or before Dec. 31, 2021, high-deductible healthcare plans (HDHPs) with HSAs provide coverage for telehealth or other remote care services without a deductible or having to ...