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DOL Publishes Guidance Explaining Paid Sick Leave And Expanded Family and Medical Leave Under The Families First Coronavirus Response Act
Today, the U.S. Department of Labor’s Wage and Hour Division (WHD) announced its first round of published guidance to provide information to employees and employers about how each will be able to take advantage of the protections and relief...
Senate stimulus deal includes individual checks -- but don't expect the money until at least May
Lawmakers struck a $2 trillion stimulus deal early Wednesday that includes sending checks directly to individuals amid the coronavirus crisis -- but it will likely take until at least May before the money goes out. Under the plan as it was...
IRS post FAQs in regards to tax payment and filing relief announced last week
These questions and answers will be updated periodically and are designed to be a flexible tool to communicate information to taxpayers and tax professionals in this changing environment.
Governor Lamont Authorizes Virtual Shareholders' Meetings
Order 7I temporarily suspends the statutory requirement for in-person shareholders’ meetings for Connecticut business corporations.
The COVID-19 playbook? A new chapter is written every day.
The state Emergency Operations Center is safely tucked behind the thick stone walls of the State Armory in Hartford. With reliable power and communications, it’s been a good place to manage Connecticut’s responses to blizzards and blackouts. But...
COVID-19: How the Accounting Community is Helping
AccountingWEB recognizes your struggles at this difficult time and as a business ourselves, our goal is always to provide you with practical, useful information that can in some way improve or support your professional lives. As such, we have...
Coronavirus Impact on Peer Review
The American Institute of CPAs has detailed some immediate steps they are taking to make life easier for you during this pandemic. Offsite System Reviews We understand the impact that travel restrictions and health concerns may have in your...
Don’t Forget Subsequent Event Footnotes in the Event of Coronavirus
The CTCPA peer review committee initiated a group conversation regarding the need for subsequent events footnotes on financial statements ready for distribution. The committee expects firms to document their consideration of subsequent events...
Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed
This deferment applies to all taxpayers, including individuals, trusts and estates, corporations and other non-corporate tax filers as well as those who pay self-employment tax.
Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave
Today the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately...