Coronavirus

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Michael Cohn
July 14, 2020 4:28 PM

The tax deadline is coming Wednesday after tax season was extended by three months to give taxpayers and preparers more time to deal with the novel coronavirus pandemic, but many of them will be dealing with extensions and amended returns in the months ahead.

4 Min Read
Thumbnail for Video: Nanny Taxes and Home Employment
Guy Maddalone
July 14, 2020 11:16 AM

Here’s what CPAs and their clients need to know when hiring an employee.

4 Min Read
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Greg Feldberg
July 14, 2020 10:26 AM

The Fed’s recent action capping dividend payments might prove inadequate once the coronavirus crisis really hits banks’ capital.

5 Min Read
A sign advising of social distancing measures in place stands on display at the entrance to a Pick n Pay Stores Ltd. supermarket in Johannesburg, South Africa, on Monday, May 11, 2020.
Michael Cohn
July 13, 2020 5:09 PM

Managing cash flow has become the top priority for financial professionals as their businesses have seen significant drops in cash flow, revenue and profits amid the COVID-19 pandemic, according to a new survey.

3 Min Read
The atrium at Dixon Hughes Goodman's headquarters in Charlotte, N.C.
Danielle Lee
July 13, 2020 1:05 PM

In response to the coronavirus pandemic, Dixon Hughes Goodman created a re-entry readiness framework and risk analytics platform that the firm is now offering clients.

5 Min Read
David Heun
July 13, 2020 10:45 AM

With the COVID-19 health pandemic wreaking havoc on jobs, investments, consumer debt and lending, secured credit cards can address a vital need for people who may not have considered the product in the past.

5 Min Read
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LIBOR
Samantha Regan
July 13, 2020 10:05 AM

Regulators can only delay the move to a new interest rate index alternative for so long.

3 Min Read
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By Frances Schwartzkopff
July 13, 2020 9:53 AM

Dozens of millionaires from the U.S. and six other countries have a message for their governments: “Tax us. Tax us. Tax us.”

1 Min Read
U.S. Capitol
Non-profits
Michael Cohn
July 10, 2020 2:56 PM

The Senate and House passed bipartisan legislation to help nonprofits remain financially viable during the COVID-19 pandemic.

6 Min Read
Kevin Wack
July 10, 2020 12:15 PM

A subprime-related settlement between the government and Deutsche Bank provided meaningful benefits to some U.S. consumers in need, according to a new report. But the author acknowledged that those gains could prove illusory for some consumers given the coronavirus crisis.

5 Min Read