A man walks past the Wall Street Charging Bull in New York, the United States, March 24, 2020. Wang Ying | Xinhua News Agency | Getty Images Futures contracts tied to the major U.S. stock indexes held steady at the start of the overnight session Monday evening as investors hoped to extend the S&P 500’s gains […]

The AICPA Tax Executive Committee (TEC) has sent the IRS a letter requesting the Service update and modernize its e-filing signature requirements in four areas in response to the COVD-19 pandemic but with the aim of adopting the changes permanently to make it easier for all taxpayers and tax practitioners to use electronic signatures. In […]

Elon Musk, founder and CEO of SpaceX, participates in a press conference at the Kennedy Space Center on May 27, 2020 in Cape Canaveral, Florida. NASA astronauts Bob Behnken and Doug Hurley were scheduled to be the first people since the end of the Space Shuttle program in 2011 to be launched into space from […]

Demonstrators hold their fists in the air during at the Lincoln Memorial during a protest against police brutality and racism on June 6, 2020 in Washington, DC. Win McNamee People across the U.S. and other parts of the world are gathering in major demonstrations on Saturday against racism and police violence, marking the 12th consecutive […]

White House Chief of Staff John Kelly. Saul Loeb | AFP | Getty Images WASHINGTON — Former White House chief of staff John Kelly said Friday that he did not agree with President Donald Trump’s threat to deploy active-duty U.S. military as the nation braced for another week of planned protests over the death of George […]

To find all COVID-19 related content, visit aicpa.org/PFP/covid19 “Love has no meaning if it isn’t shared.  Love has to be put into action.” – Mother Teresa.  The power of your positive words, actions, objective guidance, and a caring ear can help others during this time of extreme hurt and suffering.  Updated for 2020: The proactive […]

During the coronavirus pandemic, you have witnessed uncertainty with personal finances and the anxiety that has come with even the best-laid plans. What can you do today to help your clients gain comfort and clarity? You can help them with their Social Security planning decisions. In this episode, learn from Social Security expert Ted Sarenski, […]

In Notice 2020-39, the IRS extended some deadlines for investing in qualified opportunity funds (QOF) and relaxed some investment requirements to make it easier for QOF investors to deal with the coronavirus pandemic. The QOF program created a process for designating certain low-income communities and qualifying contiguous census tracts as qualified opportunity zones (QOZs) (Sec. […]

An in-home health-care worker from Amwell coordinates a telehealth visit with a doctor on-screen. Amwell Less than a month after raising almost $200 million to meet skyrocketing demand for telehealth services, Amwell is gearing up to go public, according to people familiar with the matter. The company confidentially filed for an IPO earlier this week […]

In response to the COVID-19 outbreak, Treasury and the IRS initially provided individuals and businesses limited filing and payment relief in Notices 2020-17 and 2020-18. This relief generally applied only to federal income tax returns and payments (including self-employment tax payments) due April 15, 2020, for 2019 tax years and to estimated income tax payments […]