Gone are the days when accounting firms were restricted to thick, yellow-page directories! As industries globally take to the internet to churn their processes and get customers, the same is the case with the financial market. While one might consider its entry onto the internet late, but nevertheless, they aren’t too late. And that’s evident, […]

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Note: These FAQs supersede earlier FAQs that were posted on March 24, 2020, following the publication of Notice 2020-18. These FAQs incorporate the expanded relief provided by Notice 2020-23 that was published on April 9, 2020. In Notice 2020-18, the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) announced special Federal income tax […]

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NEW YORK (Dec. 14, 2020) – As Congress weighs renewed economic stimulus, CPA firms should be gearing up to assist small businesses whose survival depends on a new round of funding under the Paycheck Protection Program (PPP), the American Institute of CPAs (AICPA) and its business and technology arm, CPA.com, recommend. Small businesses should be reaching […]

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