Generative AI, Practice Transformation, Capacity and Leadership Headline DCPA23 Conference
Creating a Budget for College Expenses: Tips for Clients
Billionaire Tax Rests on a Disputed $14,729 Tax Refund at the U.S. Supreme Court
AICPA Debuts Proposed Reporting Framework for Issuers of Stablecoins
QuickBooks Capital Approved as Paycheck Protection Program (PPP) Lender
Company preparing to accept applications for billions of dollars in requested PPP relief next week. 1 in 12 American employees is paid through QuickBooks Payroll
IRS Launches Website for Non Tax Filers to Register for Coronavirus Stimulus Payments
To help millions of people, the Treasury Department and the Internal Revenue Service today launched a new web tool allowing quick registration for Economic Impact Payments for those who don’t normally file a tax return.
IRS Issues CARES Act Guidance for Taxpayers with NOLs
The Internal Revenue Service today has issued guidance providing tax relief under the CARES Act for taxpayers with net operating losses. Recently the IRS issued tax relief for partnerships filing amended returns.
IRS Delays June 15 Payments, And More Tax Filing Deadlines for Trusts, Corporations, Nonprofits
The IRS has expanded relief to additional returns, tax payments and other actions. As a result, the extensions generally now apply to all taxpayers that have a filing or payment deadline falling on or after April 1, 2020, and before July 15, 2020.
SmartVault Creates Covid-19 Resource Hub
At a time when the knowledge and expertise of accountants and tax professionals is more important to clients than ever before, SmartVault has created an online resource center with resources to help navigate these uncharted waters and keep business movi
CPA Endowment Fund of Illinois Provides Laptops to Accounting Students Impacted by COVID-19
In this emergency action, the CPA Endowment Fund of Illinois is awarding 16 laptops for students at nine Illinois schools, including DePaul University, Governors State University, Illinois State University, Loyola University, Northeastern Illinois ...
Coronavirus Relief Measures: Rethinking the Economic and Tax Implications
The rapid spread of COVID-19 across the globe has created large-scale economic distress and halted the mechanisms of exchange and business activity–leaving an extensive trail of damage to the world’s economic infrastructure. Governments and legislators reacted immediately with relief packages. They likely will continue to make additional economic adjustments to stabilize the weakening economy by […]
AICPA Applauds Additional Clarity in Treasury FAQ on Paycheck Protection Program
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 ...