June 24, 2020
The $3 trillion Health and Economic Recovery Omnibus Emergency Solutions Act (“HEROES Act”), already passed by the House, would again distribute $1,200 per person, via paper checks, direct deposit deposit or debit cards.
June 22, 2020
Despite initial uncertainty around the terms of their PPP loans, most business owners now indicate the PPP Flexibility Act will be meaningful for their businesses as they work to resume operations and bring back employees.
June 22, 2020
Cloud-based AP is becoming an essential ingredient in modernizing and digitally transforming financial operations, while also insulating companies from business disruption, so companies can stay afloat...
June 21, 2020
A coronavirus-related distribution is not subject to the 10% additional tax that otherwise generally applies to distributions made before an individual reaches age 59 ½.
June 19, 2020
The Accounts Payable process continues to require too much manual handling, even after decades of automation efforts. Even the best invoice automation efforts range from 70-90% data ...
June 18, 2020
With Artificial Intelligence (AI) increasingly impacting business and auditors, Chartered Professional Accountants of Canada (CPA Canada) and the American Institute of CPAs (AICPA) have partnered to produce two new white papers on the topic.
June 18, 2020
While no one can predict how long the current environment will last, practitioners are in a unique situation to advise their clients on how they might take advantage of current gift and estate planning opportunities.
June 17, 2020
MediusGo is the entry version of Medius' best-of-breed AP invoice automation offering, designed to support SME businesses by enabling unprecedented efficiency and control throughout the entire accounts payable process.
June 16, 2020
Events like COVID-19 are considered “Black Swans”. They are unpredictable and typically have severe consequences. They also create “losers” and “winners.” In addition to COVID-19, Black Swan events have included the 9-11 terrorist attack, the 2008 financi
June 16, 2020
The IRS is warning nursing home and other care facilities that Economic Impact Payments (EIPs) generally belong to the recipients, not the organizations providing the care. The IRS issued this reminder following concerns that people ...
June 16, 2020
Paychex has introduced a PPP Loan Forgiveness Estimator and Forgiveness Report in its cloud-based HR suite, Paychex Flex, to simplify the application process for customers and provide them the ...
June 16, 2020
Traditionally demanding tasks such as gathering client information or payment, have now become simple and streamlined. You may have to adopt new technologies, but the result is an improvement in client relationships and time savings for your firm.