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Thomson Reuters

October 9, 2020 

2020 Review of NetClient CS

NetClient CS Thomson Reuters cs.thomsonreuters.com From the 2020 reviews of client portals for accounting firms. NetClient CS is the accounting firm client portal system from Thomson Reuters, and part of the vendor’s broad firm management suite that includes applications for tax, accounting, payroll, client collaboration, audit services, document management and other core practice areas. NetClient...…

Garrett Wagner

payroll

October 9, 2020 

35% of U.S. Companies Cutting Projected Pay Raises for 2021

The survey also found two in three employers (66%) are planning to award annual performance bonuses next year while less than one in 10 (8%) don’t expect to do so. The remaining 26% are undecided. Among respondents who plan to ...

 Biller Genie Partners with USAePay

October 9, 2020 

Biller Genie Partners with USAePay

Through this partnership, USAePay merchants will be able to use Biller Genie to connect to their accounting software at a click of a button, which allows them to easily send invoices, collect payments and automatically reconcile to their ...

PPP Paycheck Protection Program

October 9, 2020 

New SBA Guidance on Ownership Changes of PPP Borrowers

The Small Business Administration (SBA) has issued new guidance relating to a change of ownership of a business entity that has received a tax-favored loan under the Paycheck Protection Program (PPP). Although the SBA procedural notice clarifies the rules, it doesn’t provide all the answers. Background: Under the Coronavirus Aid, Relief, and Economic Security (CARES)...…

 The IIA and AuditBoard Launch $500,000 Scholarship Program

October 9, 2020 

The IIA and AuditBoard Launch $500,000 Scholarship Program

This scholarship program reflects both AuditBoard’s goal of elevating the audit profession through technology and education and The IIA’s mission to advance the profession by providing educational and training opportunities based on a ...

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October 8, 2020 

Many Workers Feeling More Burned Out

More than one-third of workers surveyed (34%) said they are more burned out on the job today compared to a year ago. Of those respondents, 30% pointed to having a fuller plate at work as the top reason for rising levels of fatigue.

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October 8, 2020 

IRS Offers Final Regs for Tax Withholding for Retirement and Annuity Payments

The U.S. Department of the Treasury and the Internal Revenue Service have issued final regulations updating the federal income tax withholding rules for certain periodic retirement and annuity payments made after Dec. 31, 2020.  Prior to the Tax Cuts and Jobs Act (TCJA), if no withholding certificate was in effect for a taxpayer’s periodic payments,...…

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October 8, 2020 

Report Shows 840,000 New Unemployment Claims

The number of Americans seeking unemployment benefits fell for a second week while remaining elevated, as the labor market makes scant progress amid risks of further weakness without additional federal stimulus.