CPA Never under estimate the value
Health care entities’ financial statement preparers and auditors can benefit from an FAQ document developed by the AICPA on issues related to the coronavirus pandemic.
Source: JOA News
Read More here – Pandemic-related FAQs for health care entities
Recent AICPA advocacy efforts have included requesting tax relief related to the coronavirus pandemic and issuing auditing standards related to audit evidence and auditing accounting estimates.
Source: JOA News
Read More here – AICPA encourages COVID-19 tax relief and issues new auditing standards
The IRS issued additional final regulations on payments made to charitable organizations in lieu of state and local tax credits.
Source: Tax News
Read More here – Final regs. issued on payments to charitable organizations
The IRS issued additional final regulations on payments made to charitable organizations in lieu of state and local tax credits.
Source: JOA News
Read More here – Final regs. issued on payments to charitable organizations
President Donald Trump issued an executive order to defer the withholding, deposit, and payment of certain payroll taxes paid from Sept. 1 through Dec. 31, 2020.
Source: Tax News
Read More here – Executive order delays workers’ payroll tax payments
President Donald Trump issued an executive order to defer the withholding, deposit, and payment of certain payroll taxes paid from Sept. 1 through Dec. 31, 2020.
Source: JOA News
Read More here – Executive order delays workers’ payroll tax payments
FASB issued a new standard that is intended to simplify accounting for convertible instruments and contracts in an entity’s own equity.
Source: JOA News
Read More here – FASB simplifies accounting for convertible instruments, contracts in own equity
The SBA and Treasury published guidance answering 23 frequently asked questions related to the forgiveness of loans issued under the Paycheck Protection Program.
Source: JOA News
Read More here – New FAQs address PPP loan forgiveness issues
The IRS continues to have challenges protecting taxpayer data, and especially ensuring that its various applications provide complete and accurate audit trails, according to the Treasury Inspector General for Tax Administration (TIGTA).
Source: Tax News
Read More here – TIGTA critiques IRS’s protection of taxpayer data
The IRS continues to have challenges protecting taxpayer data, and especially ensuring that its various applications provide complete and accurate audit trails, according to the Treasury Inspector General for Tax Administration (TIGTA).
Source: JOA News
Read More here – TIGTA critiques IRS’s protection of taxpayer data
