Payroll

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May 27, 2021 

AICPAs Seeks Feedback on Insurance Entities Working Drafts

The FASB accounting standard on Long-Duration Contracts makes targeted improvements to the existing recognition, measurement, presentation, and disclosure requirements for long-duration contracts issued by an insurance company. FinREC and the AICPA ...

Coronavirus Checks Payments Stimulus

May 27, 2021 

IRS Sends Out 1.8 Million More Covid Stimulus Payments

The announcement covers the most recent two weeks of the effort brings the total disbursed so far to nearly 167 million payments. They represent a total value of approximately $391 billion since these payments began rolling out to Americans in batches ...

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May 21, 2021 

Diverse Faculty Attracts Diverse Students

The first Black CPA Ph.D.s and the professors who were mentored or inspired by them have played an important role in attracting generations of ambitious Black students to the profession.

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May 20, 2021 

IRS Provides New COBRA Guidance

The Internal Revenue Service has new guidance on tax breaks under the American Rescue Plan Act of 2021 for continuation health coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA).

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May 14, 2021 

How to Get the Most Tax Benefits from the American Rescue Plan

Reach out to your clients as you learn about new legislation or guidance to give them your insights and the digestible version of what it means for them. This is your chance to cut through the technical jargon with easy-to-digest insights and showcase ...

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