Featured News
-
New tax breaks for charitable giving
Donors who want to help others by making charitable donations during the COVID-19 pandemic may be eligible for tax incentives under the Coronavirus Aid, Relief and Economic Security Act.
-
Beware COVID-19 scammers
The first wave of the U.S. government’s relief payments is attracting scammers, but consumers can protect their money by recognizing the warning signs.
-
MAP Survey postponed to 2021
Due to the abundance of stress placed on tax practitioners during the COVID-19 pandemic, the AICPA has postponed the National MAP Survey until 2021.
-
IRS proposes silo rules for exempt organizations
New proposed regulations from the IRS would govern silo rules for exempt organizations.
-
GASB guidance for P3 and APA accounting
A new GASB standard aims to improve governments’ accounting for public-private and public-public partnership arrangements and availability payment arrangements.
-
PPP resumes Monday
The Small Business Administration will resume accepting PPP loan applications on Monday, April 27.
-
Suggestions for meeting with state tax authorities
The AICPA has created a list of suggested administrative, filing and payment relief for state and local taxpayers in response to the COVID-19 pandemic.
-
Navigating through PPP challenges
The AICPA Center for Plain English Accounting has published a document to help CPAs navigate challenges related to the Paycheck Protection Program.
-
Guidance sought on employee retention credit
Several issues involving the new employee retention credit are in need of clarity and guidance, the AICPA told Treasury and the IRS on April 22.
-
Extensions and waivers for state taxpayers
The Wisconsin Department of Revenue may waive interest and penalties if a taxpayer’s failure to file is due to the COVID-19 pandemic, under new proposed guidance.