The Internal Revenue Service has released more information on tax credits available for paid sick and family leave under the American Rescue Plan Act of 2021.

Accountants and procurement experts are being urged to team up to deal with the supply chain shortages plaguing the world economy during the pandemic.

Two directors at a real estate firm that borrowed millions from the U.K.’s pandemic loan program are being probed for preparing misleading financial statements.

The COVID-19 pandemic has brought numerous changes to our daily lives, including the workforce, which saw a significant shift. The finance and accounting sector, in particular, has been deeply affected.

CFOs rank supply chain disruptions, the talent shortage and tax reform as higher risks than COVID-19, according to a recent survey from BDO USA.

The Internal Revenue Service updated its frequently asked questions page on higher education emergency grants for pandemic-related financial aid, with new information for students and educational institutions.

Accountants can help manage high expectations by first establishing a strong culture of monitoring.

The Internal Revenue Service is pointing to some of the successes with pro bono clinics that represented nearly 20,000 taxpayers in 2020 who faced a tax dispute with the agency, despite the pandemic.

The Internal Revenue Service backlog is adding to long delays in processing carryback refunds of net operating losses claimed by companies during the pandemic.

A group representing managers at the service is pushing back against demands to stop sending automated tax notices to taxpayers.