Joseph Rugger, an accounting director and profit consultant at Tooth & Coin, received the ninth annual award honoring the memory of Maximo Mukelabai.

AICPA names 2020 Outstanding Young CPA Award recipient

Amid the economic crisis, many people are looking for sources of cash and can no longer afford their insurance premiums.

How a life settlement can help a client during a pandemic

The Small Business Administration and the Treasury Department unveiled a simpler loan forgiveness application for the Paycheck Protection Program to reflect changes in the PPP Forgiveness Act that was signed into law this month to provide more flexibility to small businesses to receive forgiveness on their SBA-backed loans.

SBA and Treasury streamline PPP loan forgiveness applications

Rewind Copy allows accountants to set up a new client and migrate their data quickly instead of manually importing files.

New Rewind tool allows “copying” data from QuickBooks Online

The software detects errors and anomalies in complex business data within accounting software, aimed at reducing the frequency and the cost of fixing them for accountants and bookkeepers.

Receipt Bank acquires data quality specialist Xavier

Wave Money integrates with Wave’s financial management software for a full money management experience.

Wave debuts banking, bookkeeping, payments solution

President Donald Trump recently highlighted the “opportunity zone” tax breaks he signed into law in late 2017 as a reason his administration “has done more for the Black Community than any president since Abraham Lincoln,” but a new study casts doubt on the program’s effectiveness.

Trump tax break fails to deliver for communities, study finds

Reopening and depreciation; cutting your AR; butts in seats; and other highlights from our favorite tax bloggers.

In the blogs: Phases on stun

The Internal Revenue Service told nursing homes and other care facilities Tuesday that they shouldn’t be seizing their residents’ economic impact payments.

IRS warns nursing homes: Don’t grab patients’ coronavirus stimulus payments

The lender portal for the Federal Reserve’s Main Street Lending Program has opened as the long-awaited alternative to the problem-plagued Paycheck Protection Program after weeks of delays.

Main Street Lending Program gets underway as alternative to PPP