IRS clarifies deductibility of PPP loan expenses, as AICPA criticizes forgiveness questionnaire
The guidance clears up the tax treatment of expenses when a loan from the Paycheck Protection Program hasn’t been forgiven by the end of the year.
Highlights of the findings from Accounting Today's annual survey of accounting firms' plans for the next 12 months.
December 1
1 Min Read
TRANSITION 2020
Clients don’t want to be on the wrong side of any potential changes to tax law.
December 1
3 Min Read
The outcomes of two elections in Georgia that are scheduled for Jan. 5 are expected to determine the balance of power in the Senate and may also have an impact on the kind of tax planning that accountants should be advising their clients to do.
November 30
11 Min Read
Concerns are increasing over the growing spread of COVID-19 and the preparedness of the incoming administration to deal with vaccine distribution and other critical issues.
November 23
5 Min Read
Lists & Rankings
Three Top 100 Firms announced deals on Dec. 1, while the Income Tax School was acquired.
Thomson Reuters announces Synergy conference award winners; CohnReznick publishes Opportunity Zone guide; and more CPA news.
Eide Bailly announces the recipients of its 2020 Resourcefullness Awards, Grant Thornton announces its next Purple Paladin honoree, and SD Mayer & Associates provides meals to the Bay Area.
RSM donates $4 million through Birdies Fore Love campaign; Jackson Thornton elects CEO, principals; and more CPA news.
Baker Tilly is acquiring Brown Adams Agbayani; ABIP CPAs & Advisors is combining with Parr & Associates; and Benning Group is merging in Boeke & Associates.
Whether gifting for yourself, your colleagues or your clients, this holiday gift guide will keep the techie's stocking happy.
Bober Markey Fedorovich adopts new governance structure; Citrin Cooperman promotes 16; and more CPA news.
BlueMail offers email-messaging hybrid app, and Tenenz debuts a free tax highlights video that firms can customize and use for lead generation.
This can drive potential team members to your brand or, if you’re not careful, drive them away.
Leaders from around the accounting profession share what they expect to see in 2021.
December 1
11 Min Read
The Treasury secretary will put the unspent CARES Act funding into an account that his presumed successor will soon need authorization from Congress to use.
November 25
3 Min Read
Voices
The future will look more like life during the pandemic than life before the pandemic.
November 24
3 Min Read