Take a look at 11 ways the pandemic is fundamentally altering our work and society.
May 2020 - Journal of Accountancy
AUDITING
Auditing during COVID-19: 6 areas to focus on
Here is how practitioners can handle some of their biggest challenges when conducting audits in the current environment.
PRACTICE MANAGEMENT
Preparing for business interruption claims
CPAs will be critical in helping businesses recover losses in the wake of COVID-19. These six tips from Robert Glasser, CPA/CFF, CGMA, an expert in business interruption accounting, explain how to prepare for making insurance claims for losses caused by the crisis.
TAX
COVID-19 tax guidance for businesses
The IRS provided guidance on how businesses can take advantage of CARES Act tax provisions.
COLUMNS
PROFESSIONAL LIABILITY SPOTLIGHT
From the Tax Adviser
FROM THIS MONTH'S ISSUE
Cannabis dispensary denied ERC
The Court of Federal Claims held that Sec. 280E, which prohibits deductions and credits for businesses trafficking in controlled substances, applies to the employee retention credit (ERC), including its refundable portion, and denied a cannabis business’s claim for a refundable ERC.
