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Managing through ‘perspective-taking’ in the coronavirus era
Everyone is adjusting to life during the COVID-19 (coronavirus) pandemic. For many, working from home is the new normal and poses all sorts of new challenges. Anyone in a position of management has, overnight, lost many of the tangible aspects of...
A shipping industry leader explains how to keep supply chains moving amid a pandemic
As countries locked down to slow the spread of Covid-19, many people rushed to stock up on essentials. Food, toilet paper, medication, hand gel, and surgical masks temporarily disappeared from shelves in many countries. What makes it even harder...
Massachusetts Tax Filing and Payment Relief for Personal Income and Corporate Excise Taxpayers Affected by COVID-19
This TIR announces tax filing and payment relief for personal income tax and corporate excise filings and payments in response to the 2019 novel Coronavirus (“COVID-19”).
Auditing Standards Board to consider one-year deferral of effective dates
The effective dates for seven recently issued generally accepted auditing standards may be deferred by one year when the AICPA Auditing Standards Board (ASB) holds a special open meeting from 2 to 4 p.m. on April 20 to discuss relief due to the...
The GASB Continues to Address Practice Issues Arising from COVID-19 Pandemic
The Governmental Accounting Standards Board (GASB) continues to share concerns about the stakeholder impact of the coronavirus (COVID-19) pandemic. The GASB is actively addressing and responding to the evolving situation. We are committed to...
IRS issues warning about Coronavirus-related scams; watch out for schemes tied to economic impact payments
The Internal Revenue Service today urged taxpayers to be on the lookout for a surge of calls and email phishing attempts about the Coronavirus, or COVID-19. These contacts can lead to tax-related fraud and identity theft. "We urge people to...
Whittlesey featured in HBJ article 'Here's how 3 Greater Hartford CEOs have dealt with the coronavirus'
The coronavirus pandemic continues to bring unprecedented disruption to Connecticut businesses, but after nearly a month of upheaval, many companies have adapted to a new norm. There is still much uncertainty ahead, but Hartford Business...
AICPA-led coalition supports gross pay approach as calculation standard for PPP loans
An AICPA-led small business funding coalition, in conjunction with the National Payroll Reporting Consortium, issued a statement supporting the use of gross payroll based on 2019 data in calculations for Paycheck Protection Program (PPP) pandemic...
New guidance for PPP payroll calculation
Source: Barry Melancon, AICPA CEO April 5, 2020  Many of you have raised questions related to the salary calculation for the Paycheck Protection Program loan application. Yesterday, our AICPA-led coalition on small business funding, in...
Central CT United Way's virtual annual meeting suffers ‘Zoombombing’
A cyberharassment trend that’s been exploding during the ongoing COVID-19 crisis has struck a Greater Hartford charity’s 95th annual meeting. At the United Way of Central and Northern Connecticut’s virtual meeting, held Thursday evening using...

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