CPA Never under estimate the value
Founders of a fully virtual accounting firm share how accountants can succeed at working remotely now and after the pandemic is over.
Source: JOA News
Read More here – Virtual accounting: How to succeed remotely
The Senate voted to make room in the FY 2021 budget resolution for mobile workforce legislation. Details of the budget still must be negotiated, but the vote creates the possibility that mobile workforce legislation, which the AICPA strongly supports, will be enacted this year.
Source: Tax News
Read More here – Senate shows bipartisan support for mobile workforce tax legislation
The Senate voted to make room in the FY 2021 budget resolution for mobile workforce legislation. Details of the budget still must be negotiated, but the vote creates the possibility that mobile workforce legislation, which the AICPA strongly supports, will be enacted this year.
Source: JOA News
Read More here – Senate shows bipartisan support for mobile workforce tax legislation
The demand for environmental, social, and governance reporting is increasing. CPAs have a critical role in meeting that demand, and companies can take action now to enable enhanced ESG reporting.
Source: JOA News
Read More here – 5 steps for reliable ESG reporting amid growing demand
The IRS issued guidance providing a safe harbor under which eligible educators who have unreimbursed expenses for personal protective equipment, disinfectant, and other supplies used to prevent the spread of COVID-19 in the classroom can deduct those expenses as educator expenses.
Source: Tax News
Read More here – Eligible educators may deduct personal protective equipment expenses
The IRS issued guidance providing a safe harbor under which eligible educators who have unreimbursed expenses for personal protective equipment, disinfectant, and other supplies used to prevent the spread of COVID-19 in the classroom can deduct those expenses as educator expenses.
Source: JOA News
Read More here – Eligible educators may deduct personal protective equipment expenses
With new quality management standards, standard setters are providing opportunities for audit firms to drive continuous improvement in their engagements.
Source: JOA News
Read More here – New standards continue drive toward better audits
The AICPA Auditing Standards Board proposed a new approach to quality management that will include scalable, risk-based assessments that can be tailored to the circumstances of an individual firm.
Source: JOA News
Read More here – New approach to quality management proposed by ASB
The AICPA sent a letter urging the US Small Business Administration to address problems small businesses are encountering when trying to apply for Paycheck Protection Program forgivable loans.
Source: JOA News
Read More here – AICPA raises PPP concerns with SBA
Nearly three-quarters (73%) of US adults living with a spouse or partner said financial decisions have caused tension in their relationship, an AICPA survey found.
Source: JOA News
Read More here – Why it’s romantic to talk about money
