Coronavirus

Logos sit illuminated on the HSBC headquarter skyscraper offices in the Canary Wharf business, financial and shopping district in London.
Kevin Wack
October 27, 2020 2:51 PM

The global bank, which has already closed more than 30% of its U.S. branches this year, indicated that the pandemic is prompting it to adjust its plans on the fly.

1 Min Read
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Michael Cohn
October 26, 2020 2:53 PM

CFOs and senior finance executives are dealing with a growing number of responsibilities and demands as a result of the novel coronavirus pandemic, according to a new report.

1 Min Read
The IRS headquarters in Washington
IRS
Michael Cohn
October 26, 2020 10:06 AM

The Internal Revenue Service is giving taxpayers more time until Nov. 21 to register their dependents for the $500 per child Economic Impact Payments provided under the CARES Act.

2 Min Read
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IRS
Michael Cohn
October 23, 2020 3:00 PM

The Internal Revenue Service said Friday it would restart issuing its 500 series of balance-due notices to taxpayers later this month after they were paused on May 9 due to the COVID-19 pandemic.

2 Min Read
House Ways and Means Committee chairman Richard Neal, D-Mass.
IRS
Michael Cohn
October 23, 2020 2:22 PM

The leaders of Congress’s main tax-writing committee are wondering if the Internal Revenue Service will be ready to handle next tax season as it’s still processing millions of pieces of correspondence that went unopened for months during the COVID-19 pandemic.

2 Min Read
IRS headquarters
Non-profits
Michael Cohn
October 23, 2020 1:56 PM

The Internal Revenue Service is reversing course on the automatic revocation notices that it sent to more than 30,000 tax-exempt organizations.

2 Min Read
A sign reminding people to social distance stands at Louis Armstrong Park in New Orleans, Louisiana, U.S., on Wednesday, July 15, 2020. Many places that suffered most in the first wave of coronavirus infections including Louisiana are seeing case counts climb again after months of declines. Photographer: Sophia Germer/Bloomberg
Kimberly Ellison-Taylor
October 22, 2020 3:01 PM

Within corporate environments, accountants are essential team members when it comes to governance, risk and compliance, especially during the pandemic.

5 Min Read
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Michael Cohn
October 22, 2020 11:56 AM

Financial satisfaction of people in the U.S. bounced back strongly in the third quarter, reversing the lows brought on by the coronavirus.

2 Min Read
AT-022119-Recruiting Problems 2019
Ted Bickford
October 22, 2020 11:23 AM

Before the pandemic, accounting and finance professionals actively searched for better opportunities. Once the pandemic hit, employees worried about company layoffs and hesitated to seek new opportunities.

3 Min Read
Rep. Bill Pascrell, D-N.J.
IRS
Michael Cohn
October 21, 2020 11:06 AM

Democrats on the House Ways and Means Oversight Subcommittee want the agency to reverse the automated revocation of status for tens of thousands of nonprofits.

4 Min Read