CPA Never under estimate the value
The IRS issued proposed and temporary regulations explaining how consolidated groups should apply the changes to the net operating loss rules enacted by the CARES Act.
Source: Tax News
Read More here – Consolidated groups get NOL guidance
The IRS issued proposed and temporary regulations explaining how consolidated groups should apply the changes to the net operating loss rules enacted by the CARES Act.
Source: JOA News
Read More here – Consolidated groups get NOL guidance
GASB issued a technical bulletin to help state and local governments apply existing standards to transactions related to coronavirus relief legislation and certain outflows incurred in response to the pandemic.
Source: JOA News
Read More here – GASB issues pandemic-related accounting guidance
The global pandemic has offered many lessons in impermanence, including how parts of the tax reform legislation that seemed monumental upon its passage two and a half years ago have been temporarily rolled back to provide badly needed relief.
Source: JOA News
Read More here – Nellen to ENGAGE CPAs in untangling CARES Act quandaries
Here are nine tips from CPAs on how to get their emails noticed in clients’ inboxes and how to communicate more effectively and efficiently.
Source: JOA News
Read More here – The art of the client email
Public company auditors can play an important role in enhancing the reliability of company disclosures on environmental, social and governance information, according to a new Center for Audit Quality report.
Source: JOA News
Read More here – Auditors can play key role in ESG information assurance
GASB issued a proposed concepts statement on recognition of financial statement elements and a request for comment on preliminary views on revenue and expense recognition model proposals.
Source: JOA News
Read More here – GASB delves into financial statement elements, revenue and expense models
The AICPA Tax Policy and Advocacy team produced six tax-related comment letters in June with a goal of assisting accounting professionals and taxpayers.
Source: JOA News
Read More here – AICPA tax comment letters include pandemic-related advocacy
In a surprise move, the U.S. Senate passed by unanimous consent an extension until Aug. 8 of the application period for the Paycheck Protection Program.
Source: JOA News
Read More here – Senate approves 5-week PPP extension
New Technical Questions and Answers issued by the AICPA discuss accounting issues lenders have encountered related to the Paycheck Protection Program.
Source: JOA News
Read More here – PPP lender accounting issues addressed by new TQAs
