Featured News
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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.
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IRS proposes silo rules for exempt organizations
New proposed regulations from the IRS would govern silo rules for exempt organizations.
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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.
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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.
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PPP resumes Monday
The Small Business Administration will resume accepting PPP loan applications on Monday, April 27.
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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.
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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.
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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.
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Promoting the IRS’ Economic Impact Payments
The IRS is asking tax professionals to help spread the word about the agency’s Economic Impact Payments.
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ASB delays effective dates of SASs No. 134–140
The AICPA Auditing Standards Board has delayed the effective dates of seven private company auditing standards for one year as the result of a vote on April 20.