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May 2, 2020

The IRS enhances ‘Get My Payment’ site

By Jeff Stimpson 1 min read

In several cases, the service was responding to earlier glitches.

AICPA makes recommendations for PPP loan forgiveness under coronavirus stimulus

By Michael Cohn 2 min read

The American Institute of CPAs offered suggestions on how the federal government’s Paycheck Protection Program should deal with forgiving loans.

The accounting profession and the coronavirus: The crisis in numbers

By Daniel Hood

A recent Accounting Today survey reveals how firms are handling the pandemic.

The limits of coronavirus relief: A real-life case

By Roger Russell 2 min read

A timely reminder that not all tax rules have been suspended.

10,000 recalled IRS employees need to bring their own masks

By Daniel Hood 2 min read

The service says it won't be able to provide protective equipment immediately.

PwC develops contact-tracing app for coronavirus and looks to reopen offices

By Michael Cohn 9 min read

PricewaterhouseCoopers has developed a contact-tracing app as the Big Four firm looks forward to reopening its offices during the coronavirus pandemic and tries to help its clients safely open theirs as more states announce plans to gradually lift their stay-at-home orders.

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Prometric announces 'market by market' re-opening of CPA Exam test sites

By Sean McCabe 2 min read

The CPA Exam testing administrator, joined by NASBA, confirmed the move that will re-open exam testing centers, based on local safety guidelines, on a rolling basis.

Treasury plans to reclaim stimulus payments sent to deceased

By Laura Davison 1 min read

The U.S. Treasury Department is planning to instruct people whose deceased relatives received coronavirus stimulus payments to return the money to the federal government, according to a department spokesman.

CPA firms rising to the coronavirus challenge

By Danielle Lee 15 min read

State CPA society leaders share how accountants are responding to the pandemic — and the new opportunities it is creating

Wealthy shielded billions with Trump tax break before coronavirus pandemic

By Noah Buhayar 1 min read

Just before the coronavirus roiled the economy, wealthy investors piled into funds that take advantage of a popular, two-year-old tax break meant to help poor communities.

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