CPA Never under estimate the value
Firms planning to reopen their offices in the near future share what steps they’re taking first, and offer advice for other organizations that have made the difficult decision to return to in-person work.
Source: JOA News
Read More here – Advice for firms thinking about reopening
The coronavirus pandemic has created numerous challenges for state and local government financial statement preparers and auditors. Many of these issues are addressed in FAQs published by the AICPA staff.
Source: JOA News
Read More here – Pandemic issues for government financial statement preparers and auditors
The COVID-19 pandemic forced many businesses to rapidly ramp up their reliance on remote work, and many employees will continue to work from home even after offices reopen. Jim Boomer, CPA/CITP, and Jessica Battaglia share advice for crafting a long-term remote work strategy.
Source: JOA News
Read More here – Remote work after the pandemic
A pivot to producing a different type of alcohol as well as successful application for a PPP loan meant that Sons of Liberty could continue to pay its staff and gave it time to reimagine its business model.
Source: JOA News
Read More here – A product pivot and PPP success in the early days of the pandemic
The U.S. SBA closed the Economic Injury Disaster Loan Advance program after exhausting the $20 billion in funding provided by Congress.
Source: JOA News
Read More here – SBA closes EIDL Advance program after granting billion
New guidance issued by the AICPA Auditing Standards Board provides practitioners with guidance on one of their most difficult tasks — auditing accounting estimates and related disclosures.
Source: JOA News
Read More here – Accounting estimates and disclosures addressed in new auditing standard
The IRS issued final regs. on the foreign-derived intangible income deduction and the global intangible low-taxed income provisions enacted by the TCJA.
Source: Tax News
Read More here – FDII and GILTI regulations finalized
The IRS issued final regs. on the foreign-derived intangible income deduction and the global intangible low-taxed income provisions enacted by the TCJA.
Source: JOA News
Read More here – FDII and GILTI regulations finalized
The IRS issued guidance on how employers should report qualified sick and family leave paid to employees under the Families First Coronavirus Response Act.
Source: Tax News
Read More here – How to report coronavirus paid sick leave and family leave to employees
The IRS issued guidance on how employers should report qualified sick and family leave paid to employees under the Families First Coronavirus Response Act.
Source: JOA News
Read More here – How to report coronavirus paid sick leave and family leave to employees
