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Mortgage Industry Threatening to Buckle Under Effects of Aid Program
Trusted Professional
The mortgage industry is warning Under the CARES Act Mortgage Report unintended consequence emergency actions margin calls…
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Stocks Rally on Hope of Diminishing Deaths, But Many Remain Cautious
Trusted Professional
The Dow Jones Industrial Average surged Monday on hopes that the death toll from the COVID-19 pandemic might finally be past…
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Regulatory Roundup - March 31 to April 6
Trusted Professional
AICPA Press Release AICPA Coalition Recommends PPP Applicants Use Gross Payroll Approach in Calculations An AICPA-led…
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Democrats Pivot, Now Say Next Stimulus Bill Must Focus on More Loans, Direct Payments
Trusted Professional
Congressional Democrats want to put their previous plans for an infrastructure bill on hold and instead focus on more direct…
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Stocks Sink on Dire Jobs Report
Trusted Professional
CNBC possible end to the price war 6.6 million new unemployment claims 701,000 in March New York Times In a separate article…
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IRS Warns of Surge in Pandemic-Related Scams
NextGen
The IRS is seeing a surge in scams CARES Act "We urge people to take extra care during this period. The IRS isn't going to…
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Washington Preparing Next Round of Stimulus
Trusted Professional
With ink still drying on the last deal, Democratic lawmakers are already calling for a new round of stimulus measures in…
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Weekly Unemployment Claims Soar to 6.6 Million
Trusted Professional
The Department of Labor reports that more than 6.6 million people filed new claims for unemployment benefits during the week…
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Swiss Luxury Hotel Offers Ultra-Rich Quarantine in Style
NextGen
COVID-19 may afflict both the rich and poor alike, but only the rich get to quarantine in a luxury apartment recently set up…
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