The Settlement Days program is trying out remote options in Detroit and Atlanta.
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May 7, 2020
Upcoming Events May 7, 2020
Daily Briefing
The IRS goes virtual to help unrepresented taxpayers
By Jeff Stimpson      1 min read
The Settlement Days program is trying out remote options in Detroit and Atlanta.
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Coronavirus: Stay up to date
Accounting Today has compiled in one place all its coverage of the pandemic, how it's affecting the industry, and what you need to know going forward.
Click here
 
 
Senators introduce bill to allow tax deductions for forgiven PPP loans
By Michael Cohn      3 min read
A bipartisan group of lawmakers introduced legislation Wednesday to enable small businesses to deduct their expenses even if they have received a loan from the federal government’s Paycheck Protection Protection Program that was later forgiven.
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IRS explains how ineligible taxpayers should return their coronavirus stimulus payments
By Michael Cohn      3 min read
The Internal Revenue Service has posted information on how people who weren’t supposed to receive their economic impact payments for the novel coronavirus pandemic should return the money.
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Management accountants are creating value out of uncertainty
By Jeff Thomson      3 min read
Accountants and finance pros have led in formulating strategy, anticipating risk and determining the best course of action to move forward.
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6 tips for managing suddenly remote teams
By Jeff Phillips
Many of the remote work practices we’re instituting today are likely to be part of a new normal that survives long after the current crisis has ended.
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M&A lessons from crises past
By Daniel Hood
As the accounting profession moves through the coronavirus, Transition Advisors' Joel Sinkin shares what the last recession and the aftermath of 9/11 tell us to expect in the M&A market.
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Private sector lost over 20M jobs in April to coronavirus, says ADP
By Michael Cohn      6 min read
COVID-19 wiped out most of the jobs gained since the 2008-09 recession despite extensive tax cuts and stimulus payments from the IRS.
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The 3 Cs of auditing in a remote world
By Alan Anderson      4 min read
Some things remain constant for auditors, even when everything else is changing.
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Your small-biz clients will be just fine — and so will your firm
By Gene Marks      5 min read
Gene Marks predicts we’ll emerge from the pandemic sooner that most people expect, with less damage.
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UWorld Roger CPA awards over $650K in 2020 scholarships
By Sean McCabe      1 min read
The CPA Exam prep company honored 10 students based on factors including merit, community service and financial need.
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