Monthly Archives: February 2022

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PPP forgiveness too slow in some cases, inspection finds

Category:Uncategorized

A report by the Office of the Inspector General found that the US Small Business Administration did not meet the 90-day statutory requirement to remit Paycheck Protection Program forgiveness payments to lenders for loans totaling $66.4 billion.
Source: JOA News
Read More here – PPP forgiveness too slow in some cases, inspection finds


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SEC seeks more disclosures of short-sale data

Category:Uncategorized

The Securities and Exchange Commission voted to require certain institutional investment managers to report short sale-related information each month. The SEC then would make aggregate data about large short positions, including daily short-sale activity data, available to the public for each individual security.
Source: JOA News
Read More here – SEC seeks more disclosures of short-sale data


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AICPA again asks IRS to delay K-2/K-3 reporting

Category:Uncategorized

Comment letters from the AICPA and state CPA societies also offer further recommendations.
Source: Tax News
Read More here – AICPA again asks IRS to delay K-2/K-3 reporting


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AICPA again asks IRS to delay K-2/K-3 reporting

Category:Uncategorized

Comment letters from the AICPA and state CPA societies also offer further recommendations.
Source: JOA News
Read More here – AICPA again asks IRS to delay K-2/K-3 reporting


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Proposed regulations update RMDs for SECURE Act changes

Category:Uncategorized

The regulations governing required minimum distributions from retirement plans would be updated to reflect various recent statutory changes under proposed regulations released on Wednesday.
Source: Tax News
Read More here – Proposed regulations update RMDs for SECURE Act changes


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Proposed regulations update RMDs for SECURE Act changes

Category:Uncategorized

The regulations governing required minimum distributions from retirement plans would be updated to reflect various recent statutory changes under proposed regulations released on Wednesday.
Source: JOA News
Read More here – Proposed regulations update RMDs for SECURE Act changes


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IRS offers alternative to facial recognition

Category:Uncategorized

A short-term option involves a virtual interview with IRS personnel to authenticate taxpayers’ and practitioners’ identities for online services.
Source: Tax News
Read More here – IRS offers alternative to facial recognition


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IRS offers alternative to facial recognition

Category:Uncategorized

A short-term option involves a virtual interview with IRS personnel to authenticate taxpayers’ and practitioners’ identities for online services.
Source: JOA News
Read More here – IRS offers alternative to facial recognition


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AICPA testifies to Congress on IRS service problems

Category:Uncategorized

In a hearing, the Senate Finance Committee heard recommendations from the AICPA’s Jan Lewis and National Taxpayer Advocate Erin Collins.
Source: Tax News
Read More here – AICPA testifies to Congress on IRS service problems


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AICPA testifies to Congress on IRS service problems

Category:Uncategorized

In a hearing, the Senate Finance Committee heard recommendations from the AICPA’s Jan Lewis and National Taxpayer Advocate Erin Collins.
Source: JOA News
Read More here – AICPA testifies to Congress on IRS service problems