Coronavirus

AT-070120-ADPJune2020JobGainsChart.png
Michael Cohn
July 1, 2020 2:06 PM

Private sector employers added 2,369,000 jobs in June, according to payroll giant ADP, in a promising sign of business recovery despite the COVID-19 pandemic. ADP also revised upward its May total from a loss of 2,760,000 jobs to a gain of 3,065,000 jobs.

3 Min Read
FDIC Chairman Jelena McWilliams
Jelena McWilliams
July 1, 2020 12:07 PM

Jelena McWilliams explains the agency's decision to enlist the help of tech innovators to modernize a reporting process that the coronavirus epidemic has exposed as outdated.

3 Min Read
IRS building 2
By Laura Davison and Allyson Versprille
July 1, 2020 11:23 AM

If you have an income of $1 million or more there’s less than a 1% chance that the IRS has called you in for an audit, according to new figures from the agency.

3 Min Read
The U.S. Capitol
By Erik Wasson and Mark Niquette
July 1, 2020 10:20 AM

The Senate has passed an extension of the popular Paycheck Protection Program for small businesses, which was set to close down Tuesday night with more than $130 billion in funding left over.

2 Min Read
Coronavirus - Mall sign
Danielle Lee
July 1, 2020 9:11 AM

Accounting’s thought leaders predict how the profession can expect to successfully emerge from the crisis.

9 Min Read
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Michael Cohn
June 30, 2020 5:32 PM

The labor market has a long road ahead as businesses try to adjust to the outbreak of the COVID-19 pandemic.

2 Min Read
Yvette Shields
June 30, 2020 5:26 PM

The deficits for the next two fiscal years remain unaddressed.

2 Min Read
Fed Chairman Jerome Powell
June 30, 2020 5:14 PM

Federal Reserve Chairman Jerome Powell said about 300 lenders have signed on to the program and that the central bank is committed to making adjustments that could attract more borrowers.

3 Min Read
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Tobias Salinger
June 30, 2020 4:05 PM

Wealth management firms should define success by how well their operations perform under pressure, Kestra Financial COO Kris Chester says in an episode of Financial Planning’s podcast.

1 Min Read
IRS Commissioner Charles "Chuck" Rettig
IRS
Michael Cohn
June 30, 2020 3:50 PM

The new format aims to showcase the IRS’s work in fiscal year 2019, along with an additional message about its response this year to the novel coronavirus pandemic.

5 Min Read