The U.S. Small Business Administration and the Treasury Department are making it easier for companies to get their Paycheck Protection Program loans of $50,000 or less forgiven.

Disclosures in financial statements and SEC filings about the current and potential impacts of COVID-19 are a major concern.

The Internal Revenue Service is temporarily allowing taxpayers who engage in so-called “reportable transactions,” typically tax shelters, to fax the Form 8886 for initially disclosing them to the IRS instead of mailing in the form.

Senator Kamala Harris condemned the Trump administration’s handling of the pandemic as the worst failure in U.S. government history, but evaded answers on the Democrats’ positions on the environment and the Supreme Court.

The CARES Act will play a critical role, according to Grant Thornton.

Internal Revenue Service commissioner Chuck Rettig heard complaints from lawmakers about their constituents missing stimulus payments.

The document discusses some considerations involving the use of specialists when auditing financial statements during the pandemic.

Conversations have already started about how the increased government expenditures to support citizens during the pandemic will be funded. But resisting the urge to increase taxes may be the best way to support economic growth.

Global confidence improved significantly in the third quarter of the year among accountants.

Individuals who haven’t received their EIPs now have until Nov. 21.