President Trump Saturday signed into law a bill extending the Paycheck Protection Program—an emergency federal loan facility for small businesses struggling because of the pandemic—for another five weeks until August 8, buying Congress time to figure out what the next round of aid for small businesses will look like when it reconvenes later this month to hash out more stimulus legislation.
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With coronavirus potentially changing where people want to live long term, certain regions might see influxes of people, elevating real estate values - and the quality of schools and amenities as well. If companies see no major productivity issues with remote work, they may encourage employees to work from home and even try to downsize.
The U.S. House of Representatives on Wednesday joined the Senate in passing by unanimous consent a five-week extension of the Paycheck Protection Program (PPP).
Tax Deadline Remains July 15; Taxpayers Can Get Automatic Extension to Oct. 15. The IRS has announced the tax filing and payment deadline of July 15 will not be postponed. Individual taxpayers unable to meet the July 15 due date can request an automatic extension of time to file until Oct. 15.
The report, commissioned by ThoughtSpot and released last month, concludes that putting data in the hands of frontline workers -- such as store managers, sales teams, sales clerks, nurses, and others -- can significantly improve both their productivity and quality of work.
Saving money becomes even harder during a crisis, but don't let yourself (or your clients) give up. Here are 6 tips for saving and making eventual recovery easier:
Access the Tax Technology Resource Center to learn more about how to work smarter and reduce risks in your practice. You’ll find the AICPA Privacy Management Framework, IRS online tools and a Gramm-Leach-Bliley Act information security plan template to cover all your bases.
The Internal Revenue Service provided guidance Friday to taxpayers who are taking advantage of some provisions in the CARES Act that allow them to take out money from their retirement accounts to deal with the economic fallout of the COVID-19 pandemic.
At least 140,000 of the 340,000 unemployment accounts flagged for potential fraud by Michigan’s unemployment agency have since been confirmed as legitimate, officials said Friday.
Some countries want to be able to tax profits of digital companies like Facebook and Apple inside of their jurisdiction; that's at odds with the United States' position on these matters. The OECD is helping to guide the conversation with the G20 to resolve these key tax issues.