State and local gov'ts should forego tax revenue to boost businesses now

Business operations need cash influxes now more than ever.

State and local gov'ts should forego tax revenue to boost businesses now


AICPA Council elects Deloitte’s Tracey Golden as chair, approves CPA Evolution model

The American Institute of CPAs’ Council elected Tracey Golden, an audit partner with Deloitte, as AICPA chair for a one-year term, starting June 1, during the governing group’s first-ever virtual Council meeting.

AICPA Council elects Deloitte’s Tracey Golden as chair, approves CPA Evolution model


Senate approves bill to require Chinese cos. to give PCAOB access to audits

The Senate overwhelmingly approved legislation Wednesday that could lead to Chinese companies such as Alibaba Group Holding Ltd. and Baidu Inc. being barred from listing on U.S. stock exchanges amid increasingly tense relations between the world’s two largest economies.

Senate approves bill to require Chinese cos. to give PCAOB access to audits


Diversity and inclusion is a marathon, not a sprint

Firms need to take the long view in pursuing their D&I ‘North Star.’

Diversity and inclusion is a marathon, not a sprint


KPMG offers performance enhancement platform for midsized companies

The platform is built to unify processes, tech platform and application support in one SaaS service.

KPMG offers performance enhancement platform for midsized companies


The accountant's role in recovery

Accountants are looking cautiously at the prospects for reopening the economy, shares Ohio Society of CPAs president and CEO Scott Wiley — and they have an important part to play in that.

The accountant's role in recovery


FASB delays rev rec and leases standards in response to coronavirus

The board voted Wednesday to give private companies and not-for-profit organizations an extra year to comply with the revenue recognition and leases standards.

FASB delays rev rec and leases standards in response to coronavirus


IRS increases HSA limits for 2021

The Internal Revenue Service issued its annual inflation adjustment Wednesday for health savings accounts for 2021, at a time when many taxpayers are worried about their health in the midst of the novel coronavirus pandemic.

IRS increases HSA limits for 2021


MSCPA awards educational scholarships to 37 local students

The Massachusetts Society of CPAs awarded a record $146,500 in scholarships as part of its Educational Foundation Scholarship Program.

MSCPA awards educational scholarships to 37 local students


Changes to changes: Financial planning after the CARES Act and the SECURE Act

Both pieces of legislation have caused sweeping changes to retirement planning and wealth management.

Changes to changes: Financial planning after the CARES Act and the SECURE Act