Accounting

April 20, 2020 

The American Institute of CPAs (AICPA) is thanking Senator Doug Jones (D-AL) and Senator Chris Van Hollen (D-MD) for their letter encouraging the Department of the Treasury and the Small Business Administration (SBA) to strengthen Paycheck Protection Plan (PPP) guidance for lenders. AICPA supports efforts such as these that will help small businesses more easily...…

April 20, 2020 

In a continued effort to slow the spread of COVID-19, local and state governments have issued orders for nonessential businesses and establishments to close their doors. These orders, combined with the lack of consumers making their way into ...

April 20, 2020 

In addition to a number of key data points, case studies and findings, The Next Decade of Alternative Investments includes CAIA Association’s four-point call to action, which exhorts the larger industry, including allocators, managers, regulators, and ...

April 20, 2020 

The Elijah Watt Sells Award program was established by the AICPA in 1923 to recognize outstanding performance on the CPA Exam. Sells, one of the first CPAs in the U.S., was active in the establishment of the AICPA and played a key role advancing ...

April 20, 2020 

With more than 30 million small businesses serving as the backbone of the American economy, it’s critical for owners to make financial viability a top priority so they can get back to business as usual. Everyone has been affected by the coronavirus ...

April 20, 2020 

On April 16, the Securities and Exchange Commission announced a whistleblower award of $27 million given to an individual who reported misconduct overseas. The whistleblower also provided critical investigative leads that advanced the investigation ...

April 19, 2020 

The MACPA has joined forces with the Maryland Chamber of Commerce, the Maryland Bankers Association, and a number of other business-centric organizations to urge congressional leaders to provide additional funding to the Small Business Administration’s...

April 18, 2020 

“Get My Payment” will show the projected date for when a deposit is scheduled, similar to the “Where’s My Refund” tool many taxpayers have previously used.

April 17, 2020 

Veterans and their beneficiaries who receive Compensation and Pension (C&P) benefit payments from VA will receive a $1,200 Economic Impact Payment with no further action needed on their part. Timing on the payments is still being determined.

April 17, 2020 

The FFCRA covers the costs of this paid leave by providing small businesses with refundable tax credits. Certain self-employed individuals in similar circumstances are entitled to similar credits.

April 17, 2020 

During the first 10 days of the federal government’s small-business rescue program, the spigot was wide open in Nebraska. Firms there got enough money to cover about three-fourths of the state’s eligible payrolls. It was a different picture in New York.

April 16, 2020 

Sage Software has launched an online resource hub and assessment tool for businesses and accountants find relief assistance available to them based on their industry type and how they have been impacted by the Covid-19 crisis and state stay-at-home ...