Accounting August 4, 2026
Last Call for Innovation Award Nominations: Closes Sept. 8
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
March 29, 2020
Summary of the Coronavirus Aid, Relief, and Economic Security (CARES) Act
This post summarizes the developments of the most massive stimulus bill in American history, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act will provide billions of dollars of relief to individuals, businesses, state and ...
March 27, 2020
Independent Reconciliations: Three Steps to Maintaining the Integrity of Your ERP
While bank accounts are the most common form of reconciliation, to truly “close the books” we need to reconcile our entire trial balance. This ensures the integrity of the ERP data and prepares us for the audit season.
March 27, 2020
Guide Helps Employers Manage Expensing During Coronavirus Environment
Now, with most of the work force at home, spending oversight is even harder (and more important) than ever. With that in mind, Procurify recently launched a new guide - titled Control in a Crisis - to help companies to control spending during what may ...
March 27, 2020
Trump Signs $2 Trillion Coronavirus Relief Bill
The prospect of a long-term blow to the economy has prompted Trump to consider easing federal guidelines, despite warnings from governors, public health experts and some members of his own administration they should stay in place for longer.
March 27, 2020
Time to Spring Clean Your Computer to Safeguard Client Data
Taking these measures bi-yearly you are cleaning out unwanted and unnecessary files, and you are safeguarding your clients. Taking these precautions with the information stored on your devices is necessary in protecting your clients from possible ...
March 27, 2020
Congress Passes $2 Trillion Stimulus Package, Trump Signs into Law
The standard check payment is $1,200 per individual or $2,400 for married couples who file a joint tax return. In addition, a family will be entitled to receive an extra $500 per child. For this purpose, a “child” is defined the same way as the term is us
March 27, 2020
Coronavirus Stimulus: Here are the Details on Stimulus Payments
The standard check payment is $1,200 per individual or $2,400 for married couples who file a joint tax return. In addition, a family will be entitled to receive an extra $500 per child. For this purpose, a “child” is defined the same way as...
March 27, 2020
New IRS Taxpayer Advocate Takes Office
The Internal Revenue Service has announced Erin M. Collins will start her term as the National Taxpayer Advocate (NTA) on Monday, March 30, and lead the Taxpayer Advocate Service, an independent organization within the IRS.
March 26, 2020
$2 Trillion Economic Stimulus Bill is Great Step for Small Businesses and Employees, Says AICPA
The American Institute of CPAs (AICPA) is praising the CARES Act, the Senate’s $2 trillion economic stimulus bill, and said it would provide substantial relief for small businesses and employees once signed into law.
March 26, 2020
IRS Suspends Most Payment Programs, Liens, Levies, Collections Activities
To help people facing the challenges of COVID-19 issues, the Internal Revenue Service announced today a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing ...
March 26, 2020
Senate Passes $2 Trillion Coronavirus Stimulus BIll Unanimously
In an overwhelming bipartisan vote, the Senate on Wednesday passed a $2-trillion economic stimulus package — the largest ever — designed to pump money directly into Americans’ pockets while also shoring up hospitals, businesses and state and local ...
March 26, 2020
$2 Trillion Coronavirus Stimulus Bill Passes, Back to House
Republicans and Democrats reached a hard-won agreement on the Senate’s $2 trillion worth of fiscal stimulus to shore up an economy crippled by the coronavirus pandemic. The final version was the product of intense negotiations between Senate Democratic leader Chuck Schumer and Treasury Secretary Steven Mnuchin. With the measure clearing the Senate, House Speaker Nancy...…