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The U.S. Small Business Administration and Treasury recently released borrower loan application forms for the rebooted Paycheck Protection Program.

New FASB guidance clarifies which derivatives are eligible for optional expedients and exceptions under the new standard that provides accounting relief for reference rate reforms.

Eligible taxpayers who are anticipating an economic impact payment (EIP) soon can now check their payment status using the IRS’ Get My Payment tool.

The IRS will host a virtual small business workshop and listening sesson on Jan. 21 to discuss estimated taxes, self-employment tax, withholding tools for employers and more.

Starting this week, Treasury and the IRS are sending approximately 8 million economic impact payments (EIPs) via prepaid debit cards to taxpayers.

The Paycheck Protection Program (PPP) will reopen Monday, Jan. 11, for select lenders and borrowers.

New IRS guidance allows businesses that got their PPP loans forgiven to write off expenses paid for with that money.

The U.S. Small Business Administration and Treasury issued guidance late night Wednesday, Jan. 6, for the reconstituted Paycheck Protection Program.

As part of ongoing efforts to improve service for the tax-exempt community, the IRS issued a revised Form 1024-A application to allow electronic filing.

The IRS has issued new guidance on the timing of income inclusion under an accrual method of accounting, including the treatment of advance payments for goods, services and other items.