New regulations to help employers reconcile any advance payments of refundable employment tax credits and recapture the benefit of these credits when necessary, in line with the CARES Act and the Families First Act. Long-term value creation and integrated reporting → | By Michael Cohn | Stathis Gould, director of advocacy at the International Federation of Accountants, discusses how finance pros can provide more effective environmental, social and governance disclosures to stakeholders. | | What’s in Senate Republicans’ $1T pandemic relief plan → | By Erik Wasson, Laura Litvan and Laura Davison 6 min read | The GOP legislation includes a second tranche of stimulus payments, structured the same way as the earlier round, in March, along with tax credits for businesses. | |
States see no aid from Senate GOP for swelling budget gaps → | By Shruti Date Singh and Amanda Albright 3 min read | The economic stimulus plan released by Senate Republicans offers no new money for states and cities to cope with swelling budget shortfalls, leaving them to contend with a grave financial crisis that’s already forcing them to slash spending, furlough workers and delay projects as tax revenue disappears. | | GOP rolls out $1T stimulus to start talks with Democrats → | By Erik Wasson and Laura Litvan 3 min read | Senate Republicans presented a series of bills that would trim unemployment benefits, send $1,200 to most Americans, and shield businesses, schools and other organizations from coronavirus lawsuits. | | WEB SEMINAR | The tools of CAS | An online accounting program is usually the core of a modern Client Accounting Services practice — but it’s not the only tool accountants are bringing to bear, and this session will dive into the broad ecosystem of applications they can leverage. Learn More → | |
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