Accounting

April 7, 2020 

Learn how a thriving NetSuite Business Process Outsourcing Partner graduated from providing onsite accounting services to an outsourced, cloud-based accounting model to best support their clients.

April 7, 2020 

The American Institute of CPAs (AICPA) is thanking the Treasury Department and Small Business Administration (SBA) for providing further clarity on the application process for the Paycheck Protection Program (PPP), the $349 billion small business ...

April 7, 2020 

The American Institute of CPAs (AICPA) has recommended a defined set of documents for lenders to rely on as well as some key clarifications in the Treasury Department and Small Business Administration’s Paycheck Protection Program (PPP) application ...

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 

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 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 

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.

April 2, 2020 

There are many technology options to work remotely, including video conferencing technology to conduct employee and client meetings, tax software via the cloud, and a hosted desktop environment that employees can access from anywhere, anytime.