Accounting

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March 9, 2021 

5 Reasons to Conduct a Retreat in 2021

Many CPA firms conduct annual retreats to keep them on track. With the pandemic, more firms need to consider holding a retreat to help them prepare for their future. Taking into account what we’ve learned over the past year, here are five reasons to ...

Jean Caragher

 BKD Releases 2021 State of the Nonprofit Sector Report

March 4, 2021 

BKD Releases 2021 State of the Nonprofit Sector Report

The survey comprised 18 questions or scenarios, including general questions about organization location, size, area of focus and questions about the COVID-19 crisis. BKD received responses from 319 organizations between September 23 and October 23, 2020.

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March 3, 2021 

Should Firms Require Staff to Get the Covid Vaccine?

CPA firms can handle the COVID-19 vaccine in a few different ways – from issuing a mandate for employees to get vaccinated to simply encouraging or incentivizing it. While there are benefits to a firm supporting the vaccination, there are also risks ...

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March 2, 2021 

IRS Interest Rates Stay Same for Q2 2021

The Internal Revenue Service says that interest rates will remain the same for the calendar quarter beginning April 1, 2021. The rates will be: 3% for overpayments [2%t in the case of a corporation]; 0.5%for the portion of a corporate overpayment exceeding $10,000; 3% for underpayments; and 5% for large corporate underpayments. Under the Internal...…

PPP Paycheck Protection Program

March 2, 2021 

AICPA Says PPP Needs to Be Extended

The American Institute of CPAs (AICPA) has called upon Congress to extend the Paycheck Protection Program’s (PPP) March 31 loan application deadline. AICPA believes that Congress can still support small businesses and non-profits by ...