Contrary to conventional wisdom, conservatives and liberals are equally generous in their donation habits, though they do support different causes, according to a Massachusetts Institute of Technology study, "Who Really Gives? Partisanship and Charitable Giving in the United States."

We want to let you know that we are closely monitoring information from the Centers for Disease Control (CDC), as well as local and state authorities,...

Whether you are developing commercial or residential projects, tenants and future owners are increasingly prioritizing environmentally-friendly features. Businesses...

In a memorandum from the U.S. Office of Management and Budget (OMB) on March 19, 2020, OMB provided short-term relief to recipients affected by COVID-19.

The details behind the Paycheck Protection Program (PPP) continue to evolve and many aspects of the program remain uncertain. The CARES Act was clear that the amount of loan forgiveness...

COVID-19 is a novel coronavirus, but economic downturns are nothing new. As the world continues to adapt to the pandemic's repercussions...

The 2013 Blackbaud Charitable Giving Report stated that online giving increased 13.5% compared to 2012, which had shown an increase of 10.7% from 2011 – two consecutive years of double-digit growth.

On April 14, 2020, the Treasury Department issued its third formal Interim Final Rule related to the Paycheck Protection Program (PPP).

President Biden has signed the PPP Extension Act of 2021. The new law extends the Paycheck Protection Program (PPP)

The IRS announced on Saturday, March 21, that it would move the U.S. income tax filing deadline for all taxpayers and businesses from April 15th to July 15, 2020.

Medical practices must continually adapt to a rapidly changing environment — whether in terms of technology, payment and reimbursement, or patient care.

In November 2019, Intuit announced that it will be discontinuing technical support for QuickBooks Desktop 2015 and older versions of its software.

Historically, businesses were not required to file information returns electronically unless 250 or more returns of one type were filed. The Internal Revenue Service has now substantially modified...

On March 19, 2021 the Office of Management and Budget (OMB) issued Memorandum M-21-20 that includes a six-month extension (beyond the normal due date) for single audit submissions of organizations...

Under the Senate's version of the pending tax legislation, owners of stocks and bonds will no longer be able to specifically identify which portion of the securities are being sold or transferred.

Much like everything else, there is no certainty as to how long the labor shortage will continue. That said, there are a few strategies to address this issue...

After a long recession and slow recovery, the economy seems to be headed back to more stable ground.

On Wednesday, March 25, 2020, Governor Pritzker announced that the 2019 income tax filing and payment deadline is now extended from April 15, 2020 to July 15, 2020.

Sales tax payments affecting more than 24,000 small and medium-sized bars and restaurants in Illinois can now be deferred. Eating and drinking establishments in Illinois that incurred less than $75,000 in sales tax liabilities in 2019...

On November 18, 2020, the U.S. Treasury Department and Internal Revenue Service released Revenue Ruling 2020-27 and Revenue Procedure 2020-51 clarifying the tax treatment of expenses...