U.S. Capitol

The latest round of coronavirus stimulus legislation includes some major tax provisions and changes for accountants to watch out for in the New Year.

December 21
13 Min Read
KPMG logo on wall

Greg Engel is anticipating another year of tumultuous changes as clients deal with the coronavirus pandemic and new policies from the incoming Biden administration.

December 21
10 Min Read
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Small business owners who got Paycheck Protection Program loans could qualify for big write-offs from their rescue money, amounting to what Treasury Secretary Steven Mnuchin has called a tax-break “double dip.”

December 21
3 Min Read
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The House and Senate are set to vote Monday on $900 billion in pandemic relief aimed at boosting the U.S. economy into the early spring, combined with $1.4 trillion to fund regular government operations for the rest of the fiscal year.

December 20
7 Min Read
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Lawmakers are seeking to address some of the PPP’s more obvious failings in the latest coronavirus bill.

December 18
9 Min Read
AT-121720-PCAOB 2021 budget CHART

The board's spending is expected to increase only slightly next year, thanks to the pandemic.

December 17
1 Min Read
IRS headquarters

Fewer DIY taxpayers, an overwhelmed IRS and other likely features of the upcoming filing season.

December 17
6 Min Read
KPMG International 2020 revenues

The impact of the coronavirus pandemic hit the member firms in the second half of the fiscal year.

December 17
1 Min Read
Exiting the pandemic

Insights on how firms can prepare themselves and their clients for the world after COVID-19.

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