Featured News
-
SBA announces PPP process changes
The U.S. Small Business Administration has announced changes designed to reduce delays in the PPP approval process.
-
IRS warns of new EFIN scam
The IRS is warning tax professionals of a new scam email that impersonates the IRS and attempts to steal EFINs.
-
New form lets self-employed claim sick and family leave credits
A new IRS form is available for self-employed individuals to claim sick and family leave tax credits under the Families First Coronavirus Response Act.
-
ASB proposes new approach to quality management
The AICPA Auditing Standards Board recently issued an exposure draft that introduces a new approach to quality management.
-
WICPA applauds lawmakers for moving forward PPP legislation
The WICPA applauds lawmakers for moving forward a bill that ensures businesses can deduct expenses paid for with revenue from the federal Paycheck Protection Program.
-
COVID-19 protective items now deductible for educators
Eligible educators can now deduct unreimbursed expenses for COVID-19 protective items to stop the spread of the coronavirus in the classroom.
-
PPP2 loan approvals start to pick up
The number of PPP loans to U.S. small businesses more than doubled in the third week of the latest round of pandemic relief aid, according to new SBA data.
-
AICPA raises PPP concerns with SBA
The AICPA is urging the U.S. Small Business Administration to address problems small businesses face when trying to apply for PPP forgivable loans.
-
SBA issues FAQs for shuttered venue operators grants
The SBA recently issued a FAQs document that provides guidance for the shuttered venue operators grant program.
-
Protecting client data while working remotely
Tax professionals can protect client data while working remotely by looking out for phishing scams, hackers and other potential risks.