CPA Never under estimate the value
The Federal Reserve board announced that it has made changes to the Main Street Lending Program to allow more participation from not-for-profits, including educational institutions, hospitals and social service organizations.
Source: JOA News
Read More here – Fed expands Main Street Lending Program to more not-for-profits
The IRS issued its top 12 “Dirty Dozen” tax scams, warning people to be vigilant to avoid these schemes all year round. New to the list is the “offer in compromise mills.”
Source: Tax News
Read More here – IRS updates annual Dirty Dozen tax schemes for 2020
The IRS issued its top 12 “Dirty Dozen” tax scams, warning people to be vigilant to avoid these schemes all year round. New to the list is the “offer in compromise mills.”
Source: JOA News
Read More here – IRS updates annual Dirty Dozen tax schemes for 2020
The Financial Accounting Standards Board defined 10 elements of financial statements in a proposed new chapter for its Conceptual Framework.
Source: JOA News
Read More here – The 10 elements of financial statements, according to FASB
The IRS said it would once again begin charging fees to issue preparer tax identification numbers (PTINs) to tax return preparers for 2021. The fee was reduced in response to court cases that challenged the IRS’s authority to charge a fee.
Source: Tax News
Read More here – IRS reinstates PTIN user fees
The IRS said it would once again begin charging fees to issue preparer tax identification numbers (PTINs) to tax return preparers for 2021. The fee was reduced in response to court cases that challenged the IRS’s authority to charge a fee.
Source: JOA News
Read More here – IRS reinstates PTIN user fees
Two experienced CPA financial planners offer tips for reaching out to clients and helping to calm their fears.
Source: JOA News
Read More here – Show clients empathy in uncertain times
Accounting firms should consider many factors when considering whether to accept auditing engagements that involve digital assets such as cryptoassets. Nonauthoritative guidance published by the AICPA helps firms evaluate whether such engagements are worth the risks.
Source: JOA News
Read More here – AICPA issues nonauthoritative guidance on auditing digital assets
The IRS proposes modifying the partnership form (Form 1065) to help standardize the format of international tax items.
Source: Tax News
Read More here – Partnership form being redesigned for 2021
The IRS proposes modifying the partnership form (Form 1065) to help standardize the format of international tax items.
Source: JOA News
Read More here – Partnership form being redesigned for 2021
