CPA Never under estimate the value
The SEC voted to amend its rules and forms for disclosing financial information about acquired or disposed businesses.
Source: JOA News
Read More here – SEC amends disclosure rules for acquisitions and disposals
The AICPA governing Council voted to support advancement of a new CPA licensure model that is designed to maintain the credential’s relevance long into the future.
Source: JOA News
Read More here – AICPA Council supports advancement of new CPA licensure model
The IRS issued its annual inflation-adjusted contribution limits for contributions to health savings accounts permitted to participants in high-deductible health plans. Most of the amounts increased slightly over the 2020 amounts.
Source: Tax News
Read More here – HSA contribution limits increase for 2021
The IRS issued its annual inflation-adjusted contribution limits for contributions to health savings accounts permitted to participants in high-deductible health plans. Most of the amounts increased slightly over the 2020 amounts.
Source: JOA News
Read More here – HSA contribution limits increase for 2021
The FASB voted to delay the effective date of its revenue recognition standard for nonpublic entities that have not yet issued their financial statements. Challenges related to the coronavirus pandemic led to the delay.
Source: JOA News
Read More here – FASB delays revenue recognition effective date for private companies
Now, more than ever, it’s important to ensure clients’ wills, health care powers of attorney, and other estate planning documents are current.
Source: JOA News
Read More here – Essential documents clients must update during COVID-19
With many taxpayers still having problems using the Internal Revenue Service’s “Get My Payment” website, the IRS announced that it is mobilizing 3,500 telephone representatives to answer some of the most common questions about economic impact payments.
Source: Tax News
Read More here – IRS mobilizing 3,500 phone operators to answer stimulus questions
With many taxpayers still having problems using the Internal Revenue Service’s “Get My Payment” website, the IRS announced that it is mobilizing 3,500 telephone representatives to answer some of the most common questions about economic impact payments.
Source: JOA News
Read More here – IRS mobilizing 3,500 phone operators to answer stimulus questions
Strong oversight from audit committees can help companies stay on the right track as they work to survive and thrive through the coronavirus pandemic. These tips can help audit committees serve effectively.
Source: JOA News
Read More here – Tips for audit committees during the pandemic
An application form and instructions released by the US Small Business Administration are designed to assist borrowers as they apply for Paycheck Protection Program loan forgiveness.
Source: JOA News
Read More here – SBA releases PPP forgiveness form but AICPA urges more detail
