Payroll
Latest News
Short Term Rentals Gain Traction as Vacation Preference
Sales Tax Holidays Are Not Profitable for Most Small Business Retailers, Says Report
Review of Thomson Reuters Checkpoint Edge – The Accounting Technology Lab Podcast – Sept 2024
Retail Group Says Recession Unlikely
![accounting software pixabay Goumbik office 2717014_960_720](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/05/accounting_software_pixabay_Goumbik_office_2717014_960_720.5ec434fa71917-768x508.png)
COVID-19 Highlights Need for Automation in Accounts Payable Departments
Accounts payable departments that had yet to automate processes before the crisis are facing significant disruption. For example, in accounts payable, simple tasks like receiving, processing and approving paper invoices require onsite teams.
![help wanted jobs_1_.558b1edb2466e](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/05/help_wanted_jobs_1_.558b1edb2466e.5ebdb4331c10c.png)
3 Million More Americans Join Unemployed Ranks
The number of Americans seeking unemployment benefits remained in the millions for an eighth straight week as the economy continued to reel from the coronavirus pandemic.
![tax-1351881_960_720_pixabay 905513](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/05/tax_1351881_960_720_pixabay_905513.5ebac4c6c283a-768x570.png)
IRS Makes Changes to Sec. 125 Cafeteria Health Plans
These changes extend the claims period for health flexible spending arrangements (FSAs) and dependent care assistance programs and allow taxpayers to make mid-year changes.
![PPP Paycheck Protection Program](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/05/PPP_Paycheck_Protection_Program.5ebac1271c33e-768x392.png)
SBA Must Issue More Clear Guidance on PPP Loan Forgiveness, Say Business Groups
Policymakers need to remain focused on the PPP’s original purpose -- to ensure businesses have the financial resources necessary to keep employees paid while government-mandated stay-at-home orders remain in place.
![economy_crash](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/05/economy_crash.5eaa061354c7c-768x432.png)
Workers Earning Less than $75k Are Being Laid Off Most
Covid-19 has strongly shaken the labor market in March and April, driving layoffs and unemployment in the U.S. to their highest points since the Great Depression. As of May 1, 2020, about 30 million Americans have lost their jobs ...
![economy_crash](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/05/economy_crash.5eb99f511106c-768x432.png)
Tips for Investors in Different Age Brackets During the Coronavirus Market
Expert offers tips for anyone who's worried about what to do next (or not to do, as the case may be) in the volatile coronavirus market: First, make sure both you and your financial advisor are fully engaged.
![tax_refund_2_.58ad2540b4575](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/05/tax_refund_2_.58ad2540b4575.5eb96ca475e18.png)
IRS Sent Coronavirus Stimulus to Millions of Dead and Incarcerated Persons
The IRS has sent Coronavirus stimulus payments to deceased people by mistake. It’s unclear how many such checks have been delivered, but it’s thought to be significant, because about 2 million people in the U.S. die each year.
![Coronavirus Payments by State 1](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/04/Coronavirus_Payments_by_State_1.5eb83e4c4d63d.png)
IRS Releases State-by-State List of Coronavirus Stimulus Payments
The Treasury Department and the IRS have released updated state-by-state figures for Economic Impact Payments, with approximately 130 million individuals receiving payments worth more than $200 billion in the program’s first four weeks. (Up through May 8)