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Emma Slack-Jorgensen
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IRS Releases Guidance on Favorable Tax Treatment for COVID-19-Related Retirement Distributions
The Trusted Professional
The IRS new guidance * being quarantined, being furloughed or laid off, or having work hours reduced due to COVID-19; *…
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NYC Offices Reopen
NextGen
New York City, considered the epicenter of the COVID-19 pandemic, is entering the next stage of reopening, now allowing…
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Regulatory Roundup - June 16-22
The Trusted Professional
AICPA New AI White Papers for CPAs Explore Evolving Role in the Audit As spreadsheets were for their professional…
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Plot Thickens at Germany's Wirecard as $2 Billion Now Said to Have Likely Never Existed
The Trusted Professional
The hunt for $2 billion in missing cash CNN Business Wall Street Journal Bloomberg
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Treasury Dept. Releases New, Streamlined PPP Loan Forgiveness Applications
The Trusted Professional
The Treasury Department announced application recently signed into law The new law new EZ form * Are self-employed and have…
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Auditors Find German Pay Processor Cannot Account for 1.8 Billion Euros
The Trusted Professional
German payroll processor and financial services firm Wirecard today delayed its 2019 financial statements after its auditor,…
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1.5 Million More Sought Jobless Benefits Last Week
The Trusted Professional
The U.S. Department of Labor reported that 1.508 million more people applied for unemployment benefits, only a slight…
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Number of Credit Accounts in Some Form of Relief Program Reaches 106 Million
The Trusted Professional
Credit rating firm TransUnion The skipped payments reflects the economic shock the pandemic produced across the world. A…
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Former Obama, GWB Economists Release Four-Point Plan for Economy
The Trusted Professional
Economists who worked in the Obama and George W. Bush administrations, including a former Treasury secretary, released a…
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