Accounting

May 6, 2020 

The 2020 UWorld Roger CPA Review scholarship recipients were chosen based on merit, community involvement, and financial need. Each candidate award covers full tuition for the Elite-Unlimited Course – the company’s highest level four-part CPA review ...

May 6, 2020 

Just 33.7% of public company executives say their organizations have begun to implement the Financial Accounting Standards Board’s (FASB) cloud computing accounting standard.

May 5, 2020 

There is a certain amount of agony to the monthly billing cycle. We generate the numbers of hours worked and try to justify the work, anticipating client pushback. The process continues each month in agony, like an unpleasant sequence from Groundhog Day.

Garrett Wagner

May 5, 2020 

As the second round of funding for the Paycheck Protection Program (PPP) became available on April 27, 62 percent of PPP loan applicants were still waiting for funding or approval, according to new research from Paychex, Inc.

May 5, 2020 

Are you still waiting for your stimulus payment due to a recent address change or no or outdated direct deposit information on file with the IRS? You may have to wait a little longer.

May 5, 2020 

The oldest surviving checkbook in the U.S. dates back to the late 1700s—and the register even has a notation for a check made out to Alexander Hamilton for legal services.

May 5, 2020 

The temporary rules are intended to expedite the offering process for smaller, previously established companies directly or indirectly affected by COVID-19 that are seeking to meet their funding needs through the offer and sale of securities ...

May 5, 2020 

Some say a recession is coming, while others say that it’s already here. In either case, you must develop a strategy to recession-proof your business, and you should do this now. As the economy takes a deeper dive, it will be much harder for you to ...

May 5, 2020 

The new changes are part of a four-stage plan the governor laid out last week to gradually transition back to normal in a state of nearly 40 million people whose lives have been upended by the COVID-19 pandemic.

May 3, 2020 

Small businesses that manage to get their Paycheck Protection Program loans forgiven may find themselves losing valuable tax breaks, according to new guidance from the Internal Revenue Service.

May 3, 2020 

Proposed ISA 600 (Revised) deals with special considerations for audits of group financial statements (group audits). Group audits are often more complex and challenging than single-entity audits because a group may have many entities or ...

April 30, 2020 

Taxpayers should check the FAQs often for the latest additions; many common questions are answered on IRS.gov already, and more are being developed. Here are answers to some of the top questions people are asking.