IRS will not postpone July 15 deadline
Category:UncategorizedThe IRS announced that it will not further postpone federal tax filing and payment deadlines beyond July 15.
Source: Tax News
Read More here – IRS will not postpone July 15 deadline
The IRS announced that it will not further postpone federal tax filing and payment deadlines beyond July 15.
Source: Tax News
Read More here – IRS will not postpone July 15 deadline
The IRS announced that it will not further postpone federal tax filing and payment deadlines beyond July 15.
Source: JOA News
Read More here – IRS will not postpone July 15 deadline
Here are tips that help CPAs understand which service they should provide as well as other important issues related to the PPP.
Source: JOA News
Read More here – PPP: Client forgiveness services Q&As for CPAs
Changes once considered radical have become the norm in the accounting profession. Firm leaders share their lessons learned.
Source: JOA News
Read More here – How COVID-19 taught new ways to work
Updated guidance issued by the Treasury Department and the U.S. SBA addresses PPP loan maturity dates for all borrowers as well as maximum loan amounts for certain self-employed individuals.
Source: JOA News
Read More here – New PPP guidance addresses maturity dates, loan amounts
With few employees taking extended time off this summer due to the coronavirus pandemic, firms will inevitably face scheduling challenges as the year ends.
Source: JOA News
Read More here – How to handle the 2020 PTO backlog
Compilations of financial statements that omit substantially all disclosures can provide challenges for CPAs as the pandemic hurts clients’ businesses. Here’s how CPAs can handle the challenging judgments in these engagements.
Source: JOA News
Read More here – Handling nondisclosure compilations amid the pandemic
The coronavirus pandemic has increased risk in certain areas of the audit for clients with 2020 year ends. Take this quiz to see if you are ready to audit these areas.
Source: JOA News
Read More here – Quiz: Are you ready to audit these areas of heightened risk?
Audit risk assessments and sampling procedures may need to change as a result of the coronavirus pandemic, according to Lynford Graham, CPA, Ph.D.
Source: JOA News
Read More here – Strategies for addressing pandemic-related audit risks
The IRS issued final regulations allowing regulated investment companies (RICs) to report qualified real estate investment trust (REIT) dividends as Sec. 199A dividends to their shareholders.
Source: Tax News
Read More here – RIC shareholders can take Sec. 199A deduction for REIT dividends