CAS October 23, 2026
7% of Older Americans Say Working is Still Financially Necessary
Respondents cite the high cost of living, concerns that Social Security will change, rising Medicare or healthcare costs.
April 29, 2020
AICPA Suggests Conditions for PPP Loan Forgiveness
The recommendations were made in consultation with an AICPA-led small business funding coalition, CPA firms and other key stakeholders. They build on previous guidelines the AICPA has provided to help bring clarity to the implementation of the PPP.
April 28, 2020
IRS Website Now Has Tools to Add or Change Direct Deposit Information, Track Coronavirus Stimulus Payments
Taxpayers who did not have direct deposit information on record with the IRS can now enter or change that info on the IRS website Get My Payment tool.
April 28, 2020
IRS Urges Non-Tax Filers to Use Online Tool to Get Coronavirus Stimulus Payments
The Internal Revenue Service is recommending that low-income Americans use the free, online tool Non-Filers: Enter Payment Info to quickly and easily register to receive their Economic Impact Payment.
April 27, 2020
American Financial Satisfaction Sees Largest Drop in a Decade
The most notable factor driving the quarter-over-quarter PFSi decline was the PFS 750 Market index, an AICPA proprietary stock index comprised of the 750 largest companies trading on the US Market.
April 25, 2020
SSI, VA Benefit Recipients and RR Retirees Must Act by May 5 to Add Dependents
Supplemental Security Income and Department of Veterans Affairs beneficiaries need to act by May 5 if they didn’t file a tax return in 2018 or 2019 and have dependents so they can quickly receive the full amount of their Economic Impact Payment.
April 24, 2020
American Financial Satisfaction Sees Largest Drop in a Decade
As the COVID-19 pandemic has strained the U.S. economy and put millions out of work, Americans have experienced the biggest drop in their personal financial satisfaction in more than a decade.
April 24, 2020
CARES Act Allows Employers to Defer Employer Portion of Social Security Payroll Taxes
Under the Coronavirus Aid, Relief and Economic Security (CARES) Act that was signed into law on March 27, 2020, businesses may delay paying the employer portion of the Social Security payroll taxes on wages paid for the period from ...
April 24, 2020
Transitioning to Work from Home Productively During COVID-19
Perhaps the most significant and lasting change will be how we work, as millions of Americans have transitioned to working from home instead of commuting to the office. While this change brings many perks, including a lot less traffic on the road ...
April 23, 2020
AICPA Wants Accounting Firms Recognized in Coronavirus PPP Application Process
The AICPA, after discussions with its coalition partners, and key banking leaders and stakeholders, is working to drive a common understanding and approach around the firm – lender relationship related to the implementation of the PPP.
April 22, 2020
Employees Earning Under $75,000 More Likely to Get Laid Off During COVID-19
Covid-19 hit the labor market like a sledgehammer in March and April, driving mass layoffs in the U.S. to their highest point since World War II. 22 million Americans have lost their jobs during the outbreak, and 14% of the country’s workforce isn’t ...
April 22, 2020
Is the IRS Targeting Captive Insurance Arrangements?
In a captive insurance arrangement, a business forms a related insurance company for the purpose of insuring primarily, though not exclusively, risks of that related business. Via captive insurance arrangements, businesses can cost-effectively insure ...
April 22, 2020
2020 Review of Hourly Time Tracking, Payroll and Workers Comp
Hourly is a time tracking and payroll app ideal for service businesses with multiple employees working in multiple locations. Though the application does track and pay both hourly and salaried employees, it is better suited for businesses that employ ...