SBA works to fix PPP loan bottlenecks
The U.S. Small Business Administration is taking steps to remove some of the hangups in the Paycheck Protection Program after complaints from the American Institute of CPAs and others.
The wrong idea: Clients’ wacky notions about taxes
Tax professionals share the strangest misconceptions their clients have about taxes.
Polish media-tax plan sparks protest and U.S., EU criticism
With blacked out or blank television screens, front pages and web portals, Poland’s private media companies protested against plans to implement a new advertising tax they say is a disguised government attempt to muffle criticism.
Nonprofits, businesses receiving PPP could face surprise audits
Nonprofit and for-profit organizations that received Paycheck Protection Program loans could unexpectedly find themselves confronting the “single audit” requirement for the first time, even though PPP loans are supposedly exempt.
Nonprofits, businesses receiving PPP could face surprise audits
New Social Security advisor credential launches
The National Association of Registered Social Security Analysts and its site, NARSSA.org, will look to aid professionals and firms who provide Social Security advisory services to its clients.
IRS warns of e-file identity theft scam
The Internal Revenue Service is alerting tax professionals about a dangerous new phishing scam.
Grandma wins $19M case against J.P. Morgan and 2 advisors (her grandsons)
Beverley Schottenstein accused the bank and the brokers of unauthorized trading of “multiple auto-callable structured notes and various other securities,” among other alleged misconduct.
Grandma wins M case against J.P. Morgan and 2 advisors (her grandsons)
Biden will have to deal with tax revenue shortfall from COVID-19
Claims for the R&D tax credit may be coming under closer scrutiny from the IRS.
Biden will have to deal with tax revenue shortfall from COVID-19
Ensuring AI works for you: 3 steps to success
There are critical considerations to make to ensure you optimize AI implementation to enhance staff performance and deliver better service to your clients.
Senators propose to make Work Opportunity Tax Credit permanent
A bipartisan group of Senate lawmakers has introduced legislation to make the Work Opportunity Tax Credit a permanent part of the Tax Code.
Senators propose to make Work Opportunity Tax Credit permanent