House votes to extend popular small business loan program

The House voted Thursday to give small businesses financially strapped by the COVID-19 crisis more flexibility to spend forgivable loans for payrolls and expenses from the government’s popular Paycheck Protection Program.

House votes to extend popular small business loan program


Deciphering a tax code written before cryptocurrency

To better understand how the U.S. tax rules apply to virtual currency, one can view the many technical issues that arise as answering one of four questions.

Deciphering a tax code written before cryptocurrency


Employment after COVID-19: Firms must weigh risk with privacy

As businesses seek to get employees back to the office, employers need to figure out how to address the health and safety of their workforce while also complying with applicable law.

Employment after COVID-19: Firms must weigh risk with privacy


5 steps to keep business development alive in the pandemic

Despite the coronavirus, firms can’t afford to stop looking for prospects

5 steps to keep business development alive in the pandemic


The state tax nexus implications of working from home

Do employees working remotely during the pandemic trigger filing obligations for their companies?

The state tax nexus implications of working from home


10 takeaways on the PPP loan forgiveness application

The SBA’s form clarifies some issues, but still leaves questions to be answered.

10 takeaways on the PPP loan forgiveness application


New regs ease reporting for some tax-exempts

Opponents like Sen. Ron Wyden claims the rules are politically motivated.

New regs ease reporting for some tax-exempts


IRS proposes new rules for retirement and annuity payments

The Internal Revenue Service and the Treasury Department issued proposed regulations Wednesday to update the income tax withholding rules for periodic retirement and annuity payments made after Dec. 31, 2020.

IRS proposes new rules for retirement and annuity payments


IIRC proposes revisions to reporting framework and names new chair

The council has opened a 90-day consultation period on proposed revisions to its International Integrated Reporting Framework, and named Conor Kehoe as its new chair.

IIRC proposes revisions to reporting framework and names new chair


Xero fast-tracks new cash flow features to help COVID-affected businesses

The software company has also debuted a new monthly revenue feature for accountants.

Xero fast-tracks new cash flow features to help COVID-affected businesses