COVID-19 news and information for CPAs

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August 29, 2025

Take a bold leap instead of a tentative step

A profession leader discusses remote work, AI’s role in accounting, and how journaling and summer breaks help her stay grounded. Listen to the podcast episode or read the Q&A.

April 8, 2025

Pandemic-era ERC started with good intentions, ending with frustration

Congress authorized the employee retention credit, which ends April 15, to help businesses suffering in the throes of COVID-19. The arrival of promoters and ERC mills brought headaches for the IRS.

March 27, 2025

As time runs out for pandemic-era ERC, IRS adds 5 FAQs

The FAQs, which deal mainly with how to handle the employee retention credit on tax returns under various scenarios, are not authoritative but do provide some answers to questions about the expiration of the statute of limitation, an AICPA & CIMA tax practice and ethics manager said.

February 28, 2025

Remote control: 3 tips from a firm founder and remote-work trendsetter

Both quantity and quality of communication are crucial to the success of a fully remote work model, a leader with immense experience in the space shared at the AICPA Personal Financial Planning Summit 2025.

February 20, 2025

Defining the office in 2025: Shifting models of where work gets done

A leading accounting consultant explains the reasons for a disconnect between some managers and employees when it comes to work location. Listen to the episode or read the Q&A with Jennifer Wilson.

December 4, 2024

More return-to-office mandates? Report looks beyond the headlines

While some large companies have recently made news by making their employees return to the office, another trend is making bigger gains across the employment landscape.

November 22, 2024

ERC claims withdrawal process extended for third-party payers

The IRS said the new deadline to file under the consolidated employee retention credit claims process is Dec. 31. The previous deadline was Friday.

November 12, 2024

Taxpayer advocate: Unprocessed ERC claims could total 1 million at year end

National Taxpayer Advocate Erin Collins told the AICPA & CIMA National Tax Conference that the number of unprocessed employee retention credit claims will grow before the final filing deadline in April.

October 11, 2024

IRS processing 400K ERC claims with about $10 billion in eligibility

Commissioner Danny Werfel says the IRS has made “substantial progress” in separating eligible claims from ineligible ones.

October 9, 2024

TIGTA says IRS should review $42 billion in ERC claims

The Treasury Inspector General for Tax Administration estimated that a change in policy for pre-refund examinations resulted in payment of $2 billion in erroneous employee retention credit claims.

FROM THIS MONTH'S ISSUE

Tax season quick guide

Get ready for tax season with the JofA’s annual filing season quick guide, an easy-to-use compilation of dollar thresholds, tax tables, standard amounts, credits, and deductions. Download and print for quick reference this tax season.