September 21, 2022
IRS Says Wrongfully Forgiven PPP Loans are Taxable
When a taxpayer's loan is forgiven based upon misrepresentations or omissions, the taxpayer is not eligible to exclude the forgiveness from income and must include in ...
Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (www.CPAPracticeAdvisor.com), drawing on two decades of experience covering the areas of professional accounting, taxation, business productivity and consumer technologies.
Prior to CPA Practice Advisor, O'Bannon was a consultant at firms in San Francisco, Denver and Tulsa, serving clients that included Logitech, Polycom, Hilti, Microsoft, the Stanford Research Institute, the University of Oklahoma's College of Engineering and other technology leaders. He is a U.S. Navy veteran.
Email: isaac.obannon - @ - cpapracticeadvisor.com
September 21, 2022
When a taxpayer's loan is forgiven based upon misrepresentations or omissions, the taxpayer is not eligible to exclude the forgiveness from income and must include in ...
September 21, 2022
The Internal Revenue Service has announced that Hurricane Fiona victims in all 78 Puerto Rican municipalities now have until February 15, 2023, to file various federal individual and business tax returns and make tax payments.
Accounting September 21, 2022
The report also details the transformative effect the global COVID-19 pandemic has had on the finance and accounting function and how finance and accounting ...
September 18, 2022
Inflation adjusted amounts in the tax code will increase by roughly 7.1% from 2022, more than double last year’s increase of 3%, according to the 2023 Projected U.S. Tax Rates forecast.
Advisory September 15, 2022
Hyperproof is a provider of software-as-a-service (SaaS) compliance operations for mid-sized to very large enterprises. Grant Thornton LLP is one of America’s largest audit, tax and advisory firms.
Advisory September 15, 2022
The all-encompassing digitized experience will be available for select Armanino clients to test-drive and provide feedback on.
September 14, 2022
The NTA outlines the most time-sensitive priorities for the IRS in part one of her NTA Blog which focuses on eliminating the backlog of processing paper ...
Accounting December 14, 2022
Earn from 1 to 14 hours of free CPE during this online 2-day event. Pick only the sessions you want to attend, and finish up your CPE requirements before the end of the year.
September 12, 2022
The Mid-Year Rates and Rules Report revealed that, although the implementation of taxes is beginning to level off, rates are higher.
Firm Management September 12, 2022
The word paladin means a champion of a cause. Grant Thornton and its professionals have donated more than $650,000 to Purple Paladin nonprofits.
Accounting September 10, 2022
Earn from 1 to 14 hours of free CPE during this online 2-day event. Pick only the sessions you want to attend, and finish up your CPE requirements before the end of the year.
September 8, 2022
As part of the survey, employees also shared which incentives they value most that keep them engaged and loyal to their organization.