Featured News
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SBA allows increased PPP loans to partnerships
The U.S. Small Business Administration has issued a new interim final rule that allows lenders to increase existing Paycheck Protection Program loans to partnerships.
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Deferring ASB reporting standards
Due to the pandemic, the AICPA Auditing Standards Board deferred the effective dates of its recently issued Statements on Auditing Standards addressing auditor reports.
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Safely reopening a top concern for business owners
How to reopen safely and keep from running out of money are the top concerns of business leaders and executives, according to a new survey.
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Safe harbor for PPP loans under $2M
Treasury provided new guidance on May 13 for Paycheck Protection Program (PPP) loans, with officials saying loans of less than $2 million won’t face heightened scrutiny.
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Preparing for a PPP audit
Paycheck Protection Program loan recipients who know an audit is on the horizon can offset some of the stress by preparing for it now.
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State Supreme Court blocks stay-home extension
Gov. Evers' administration overstepped its authority when it extended his Safer at Home emergency order through May 26, the state Supreme Court ruled Wednesday.
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Changes to midyear health care elections
The IRS is permitting more flexibility for midyear health care elections during the calendar year 2020 for employer-sponsored health coverage, FSAs and dependent care assistance programs.
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Guiding clients through a crisis
Accountants are ideally positioned during the COVID19 pandemic to help clients move from a place of fear and uncertainty about their businesses to one of hope and anticipation.
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Retirement strategies stay the course
Retirement strategies have remained largely unchanged despite the economic upheaval caused by the COVID-19 pandemic, according to a new survey.
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AICPA, advocates call for more PPP clarity
The AICPA and several business advocacy organizations are urging the U.S. Small Business Administration to provide more clarity related to Paycheck Protection Program funds.