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April 6, 2020 

Paycheck Protection loans, which are provided through SBA-approved lenders, are available to small business borrowers to cover payroll and other operating costs. Included among the application requirements is specific documentation related to payroll.

April 6, 2020 

Bloomberg Tax & Accounting today announced a new series of webinars to help tax and accounting professionals navigate the implications of Covid-19 on an increasingly complicated tax landscape. These webinars are free and open to the public.

April 6, 2020 

CPA Practice Advisor is compiling all Covid-19 / Coronavirus-related tax, accounting, stimulus and business news on one page. Stay up-to-date as business developments rapidly change.

April 6, 2020 

The federal Coronavirus Aid, Relief and Economic Security (CARES) Act includes the Paycheck Protection Program (PPP) to help more than 30 million U.S small businesses. The program offers $349 billion in loans to businesses and nonprofits with no more ...

April 6, 2020 

With 1 change to the software you operate daily, you can boost your team’s productivity and make client communication easier while operating your firm from home. Learn what it is and how quickly it can be set up for you today.

April 5, 2020 

For the calculation of the Average Monthly Payroll cost under the Paycheck Protection Program (PPP), the Gross Payroll approach should be used for the application, according to the recommendation from the AICPA-led small business funding coalition.

April 4, 2020 

The Department of the Treasury (Treasury) announced on April 1 that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive an economic impact payment.

April 4, 2020 

Assisting an attest client with a COVID-19 PPP loan application is a nonattest service. If CPAs comply with the interpretations of the Nonattest Services subtopic, independence will not be impaired.

April 3, 2020 

This tool is available for small businesses, CFOs, and accounting firms to help them navigate the complex and dynamic program, increasing the speed of the application process.

April 3, 2020 

The $349 billion PPP program focuses on small businesses impacted by the coronavirus pandemic. Basically, it offers any eligible business or charitable nonprofit with less than 500 employees a grant of up to $10 million, if the business keeps its workforc

April 3, 2020 

Downloadable PDF of the Small Business Administration's Paycheck Protection Program borrower application form. For use by small businesses requesting Coronavirus relief loans from the SBA.

April 2, 2020 

Imagine having to switch out old railroad tracks while a rusted steam engine thunders across. Adopting modern electronic payments runs about as smoothly for banks.