News

Inside the tax provisions of the stimulus act

March 09, 2021

The Senate has approved the House's $1.9 trillion stimulus bill, designed to provide relief and address other issues related to the COVID pandemic.

  • business and industry
  • coronavirus
  • practice management
  • advocacy - federal
  • federal tax

CFOs Can Shape the Post-Pandemic Workplace

March 08, 2021

As a return to the office becomes imminent for many, finance chiefs must determine what it will take to make the workspace feel safe for employees.

  • business and industry
  • coronavirus

Get started with robotic process automation

March 05, 2021

Accounting firms are using up-and-coming technologies with the potential to change the business landscape forever. One technology gaining interest is robotic process automation (RPA), a tool that computerizes mundane, repetitive tasks and completes them far faster than humans could do manually.

  • business and industry
  • practice management
  • technology and cybersecurity

IRS issues employee retention credit guidance

March 02, 2021

In Notice 2021-20, the IRS issued detailed guidance for employers claiming the employee retention credit for calendar quarters in 2020.

  • business and industry
  • coronavirus
  • practice management
  • federal tax

House passes $1.9 trillion stimulus bill with a variety of small business relief

February 27, 2021

The U.S. House of Representatives passed, by a vote of 219–212, a $1.9 trillion COVID-19 relief package early Saturday morning that includes $1,400 stimulus checks to individuals, an extension of unemployment benefits, and tens of billions in aid for small businesses and not-for-profits.

  • business and industry
  • coronavirus
  • advocacy - federal
  • federal tax

What Employers Should Know About the COVID Vaccine

February 25, 2021

The COVID-19 vaccine is providing many employers with the hope that things may soon return to normal—or as normal as can be considering a year-plus long pandemic. The vaccine certainly provides a glimmer of light at the end of the tunnel, but there are few things employers should consider while planning how to best protect their employees.

  • business and industry
  • coronavirus
  • practice management
  • advocacy - state

House Passes Bill to Address Commuter Tax Issues

February 24, 2021

House Bill 6513 (HB 6513), An Act Mitigating Adverse Tax Consequences Resulting From Employees Working Remotely During Covid-19, and Concerning The Removal Of Liens On The Property Of Public Assistance Beneficiaries And Three-Tiered Grants In Lieu Of Taxes Program, passed the House today and is expected to pass the Senate later this week or early next week.

  • business and industry
  • coronavirus
  • state tax
  • advocacy - state

New PPP changes attempt to ease smallest businesses' access

February 22, 2021

The administration of President Joe Biden announced Monday that it would institute a two-week period starting Wednesday during which only businesses with fewer than 20 employees will be able to apply for Paycheck Protection Program (PPP) loans.

  • business and industry
  • coronavirus
  • practice management

From the filings: Supply chain lessons from the pandemic

February 16, 2021

When the COVID-19 pandemic disrupted supply chains around the world the year after U.S. tariffs hit American companies manufacturing in China, major multinational corporations deployed varying strategies to keep up production.

  • business and industry
  • coronavirus

How To Lose A Candidate In 10 (Business) Days

February 11, 2021

Competing for a job in today's market is challenging enough, and new research from global staffing firm Robert Half shows there's another hurdle for candidates to overcome: being breadcrumbed — or strung along — by employers.

  • business and industry
  • career resources
  • practice management

COVID-19 Regulations Rank as Top Risk for Executives

February 03, 2021

Coronavirus-related government policies and regulations that could affect business performance ranked as the top risk cited by board members and C-suite executives, according to a new survey.

  • business and industry
  • coronavirus

When will everything get back to normal? It won't

February 03, 2021

The changes the pandemic has wrought won’t all simply reverse once Covid is behind us. This phenomenon explains why.

  • business and industry
  • coronavirus
  • practice management

Your Career in the Time of COVID

February 02, 2021

Professional growth looks different now, but with self-reflection, intentionality, and perseverance, you can make progress in these tough times.

  • business and industry
  • career resources
  • coronavirus
  • practice management

Moving Beyond ‘Survive-at-All-Costs’ Mode

February 01, 2021

Expensive quick fixes are helping companies endure COVID-19 but they are not sustainable over a prolonged period of heightened volatility.

  • business and industry
  • coronavirus

New law increases deduction limit for corporate cash contributions for disaster relief; IRS provides recordkeeping relief

January 29, 2021

The Internal Revenue Service today explained how corporations may qualify for the new 100% limit for disaster relief contributions and offered a temporary waiver of the recordkeeping requirement for corporations otherwise qualifying for the increased limit.

  • business and industry
  • federal tax

SBA aims to expedite PPP loans despite fraud risks

January 27, 2021

The U.S. Small Business Administration is pledging to improve the loan review process for Paycheck Protection Program loans, even as it pursues a record number of fraud complaints.

  • business and industry
  • coronavirus
  • practice management

The N.H.-Mass. tax fight could have implications that go far beyond our borders

January 26, 2021

At first glance, the border battle between Massachusetts and New Hampshire over income taxes might seem like a mere squabble between two neighbors. But the fallout could be felt nationwide once the dust finally settles because of the rising acceptance of remote work, and the trend’s implications for state tax policies.

  • business and industry
  • coronavirus
  • practice management
  • state tax
  • federal tax

Businesses Could Face Penalties For Failing To Register With Paid Leave Authority

January 25, 2021

Fewer than half of the state’s 100,000 businesses have registered with the state as part of the Paid Family Medical Leave program. Some 40,000 Connecticut businesses have registered with the state to withhold half of a percent from employee wages to pay up to 12 weeks of paid family leave benefits starting in 2022.

  • business and industry
  • practice management
  • advocacy - state
  • state tax

COVID & Stress: Addressing Mental Health at Work

January 22, 2021

Not only has the pandemic caused a tremendous amount of stress, but it has also exacerbated many people's mental health disorders. How can you make the work environment a safe and comfortable place for them, and ensure everyone is coping well with current events?

  • business and industry
  • coronavirus
  • practice management

How finance can promote data-led decision-making

January 21, 2021

Data-led decision-making has become increasingly important, particularly during the coronavirus pandemic. It is most useful when executive teams apply it well and ensure the integrity of the underlying data.

  • business and industry
  • technology and cybersecurity