Accounting

March 17, 2021 

Additional batches and payments will be sent in the coming weeks by direct deposit and through the mail as a check or debit card. The vast majority of all Economic Impact Payments will be issued by direct deposit. No action is needed by ...

Isaac M. O'Bannon

March 16, 2021 

As the Farm Bill states, hemp and any derivative there of is legal. Delta-8 is a derivative of the hemp plant and is therefore legal.

Craig Smalley

March 16, 2021 

Knowing the increased risk with ACH payments is critical when you receive requests to change bank account information. According to our internal data, these requests are common, with suppliers changing bank accounts roughly every four years.

March 16, 2021 

The many thousands of CPAs advising small businesses and non-profits have a front-line view of how a PPP loan has allowed their clients to remain in business. CPAs also experience clients’ challenges with the application and forgiveness process.

March 16, 2021 

Virginia has adopted a temporary sales tax exemption for personal protective equipment. Lawmakers hope it will encourage Virginia businesses to adhere to the measures necessary to control, prevent, and mitigate spread of the coronavirus.

Gail Cole

March 16, 2021 

The modern digital finance network is one of the most dynamic, fast-moving technological entities on the face of the planet.

March 15, 2021 

In 1943, Mary T. Washington Wylie became the nation’s first Black woman to earn the CPA license. Her life illustrates the difference that one enterprising professional can make for many future generations.

March 15, 2021 

Dr. Marina Ruseva, CPA, assistant professor of accounting at Lamar University, and Michelle Avila, CPA, associate professor of accounting at Our Lady of the Lake University (OLLU), were recently named 2020 recipients of the Texas Society...

March 12, 2021 

In addition to the $1,400 stimulus payments to many Americans, the American Rescue Plan Act provides many other relief measures, and also some new business tax measures, that should be noted.

March 11, 2021 

The average for a 30-year, fixed loan was 3.05%, up from 3.02% last week and the highest since July 2, Freddie Mac data showed Thursday. Rates have surged this year from a record low 2.65% in January.

March 11, 2021 

Applications for U.S. jobless benefits fell by more than forecast last week to the lowest since early November as Covid-19 vaccinations accelerated and states eased more business restrictions.

March 11, 2021 

Simpson also called upon Congress to extend the PPP application deadline by at least 60 days after March 31, 2021, citing urgent challenges facing small business and their CPA advisors, ...