website1_11249474_1_.5ddd84a1b89d7[1]

June 5, 2020 

Dot.CPA Website Domains Available for Firms Beginning July 1, 2020

This past June, the AICPA was awarded the .cpa (dot CPA) top level (worldwide) domain which has been reserved exclusively for entities confirmed by the AICPA to be affiliated with the CPA profession. This was done to promote long term confidence when visiting a website with the .cpa extension or receiving an email from a…

Roman Kepczyk

CPA-Canada_EN-logo_slide-1[1]

June 5, 2020 

CPA Canada Data Breach Affects 329,000 Members

CPA Canada discovered that an unauthorized third party accessed certain personal information through a cyber-attack against the CPA Canada website. Upon discovering this, CPA Canada, with the assistance of cybersecurity experts, took...

IRS_logo

June 4, 2020 

IRS Offers Guidance on Tax Relief for Investors and QOF Funds

Taxpayers who sold property for an eligible gain and who would have had 180 days to invest in a QOF to defer that gain, may have additional time. Notice 2020-39 provides that if a taxpayer’s 180th day to invest in a QOF would have fallen on ...

Automation_technology _.5558c5b706074

June 4, 2020 

The Outsourced CFO: Five Ways to Add Value

As an outsourced CFO you can provide the professional competence necessary to ensure “the way we do it here” produces reliable financial statements for management and lenders, facilitates regulatory compliance and provides ...

Bill Slaughter

IRS_logo

June 4, 2020 

IRS Interest Rates to Decrease for Q3 2020

Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.

Xero

June 4, 2020 

Xero partners with Coveo for Search in App Marketplace

With more than 800 third party apps that connect to the platform, Xero’s app marketplace now serves up suggestions based on a small business’ profile when they are logged into Xero and an improved search toolbar presents popular apps and quick links, providing a more personalised, intuitive, and efficient experience.

Cetrom White Paper

June 4, 2020 

Whitepaper: Transitioning Your CPA Firm to the New Normal

COVID-19 has disrupted life as we once knew it. Some aspects of daily life and work will eventually return to some semblance of normalcy. However, how we work and even how we receive medical care, for example, are irrevocably changing before our eyes and the post COVID-19 work and healthcare worlds will never be the...…

retirement_accounts

June 3, 2020 

IRS Allows Electronic Signatures for Retirement Plan Elections

For the period from Jan. 1, 2020, through Dec. 31, 2020, the individual may use an electronic system facilitating remote notarization if executed via live audio-video technology that otherwise satisfies the requirements of participant elections ...