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Senate Majority Leader Mitch McConnell will attempt to expedite approval of changes to the popular Paycheck Protection Program aimed at giving small businesses more flexibility in using the money from the fund, according to Senate aides.

The service hasn’t been doing enough to collect the taxes owed by hundreds of thousands of people who owe billions of dollars, according to a new report.

The Public Company Accounting Oversight Board issued inspection reports Monday for the six largest auditing firms in a new format with more graphs and charts.

The latest update adds a loan forgiveness estimator and PPP-specific reports to QuickBooks Online, among other tools.

Has the Paycheck Protection Program outlasted its usefulness?

Two AGL CPA partners developed the tool to assist CPA firms and clients in navigating the Paycheck Protection Program.

EY adds to global executive team; BKD breaks out big data & analytics into new national practice; and more CPA news.

Bill Smith, managing director of the National Tax Office of CBIZ MHM, discusses the loan forgiveness provisions of the PPP, along with the employee retention credit, net operating loss carrybacks and economic impact payments, along with the prospects for the next round of stimulus in Washington.

The IRS has been meaning to make the form electronically fileable for a number of years.

The House voted Thursday to give small businesses financially strapped by the COVID-19 crisis more flexibility to spend forgivable loans for payrolls and expenses from the government’s popular Paycheck Protection Program.

For decades, the credit has been subject to a wide gulf of interpretation and hence is an issue ripe for adjustments.

The SBA’s form clarifies some issues, but still leaves questions to be answered.

Opponents like Sen. Ron Wyden claims the rules are politically motivated.

The Internal Revenue Service and the Treasury Department issued proposed regulations Wednesday to update the income tax withholding rules for periodic retirement and annuity payments made after Dec. 31, 2020.

The software company has also debuted a new monthly revenue feature for accountants.

The Financial Accounting Standards Board has appointed Hillary H. Salo, a partner at KPMG, as its new technical director and chair of the Emerging Issues Task Force.

The COVID-19 pandemic has changed us in ways that are still undetermined.

The release of the SBA's loan forgiveness application highlights the questions that remain around the Paycheck Protection Program.

Waiting for refunds; EIP debit cards; using state-level OICs; and other highlights from our favorite tax bloggers.

The Public Company Accounting Oversight Board released a document Tuesday with information for auditors and audit committees about audits involving cryptoassets, such as Bitcoin and other digital currencies.