Cash payments for donated leave aren’t comp: IRS

It won’t count as income to employees, but they also won’t be able to deduct it.

Cash payments for donated leave aren’t comp: IRS


Coronavirus may revitalize cryptocurrencies, but issues remain

In the midst of a global pandemic, the gravitational pull toward digital transactions has been amplified.

Coronavirus may revitalize cryptocurrencies, but issues remain


A culture of we versus I at firms

One of the major challenges faced by many firms is creating a firm-first behavior model.

A culture of we versus I at firms


Fossil fuel’s answer to climate change just got less expensive thanks to IRS

The Internal Revenue Service recently issued crucial guidance to help developers take advantage of tax credits for the systems, and supporters say it could usher in a new era for the controversial technology.

Fossil fuel’s answer to climate change just got less expensive thanks to IRS


Guess who’s running the firm of 2030?

Today’s leaders need to adapt to operating in the world of the future — today.

Guess who’s running the firm of 2030?


AICPA releases info on accounting for forgivable PPP loans

The institute released guidance on how to account for forgivable loans under the Small Business Administration’s Paycheck Protection Program.

AICPA releases info on accounting for forgivable PPP loans


Malicious macros and other tech stories you may have missed

Excel gets co-opted in a phishing attack, Right Networks grabs Rootworks, and eight other recent developments in technology and how they’ll impact your clients and your firm.

Malicious macros and other tech stories you may have missed


FASB OKs two standards and delays insurance standard amid coronavirus

The meeting was the last in chairman Russell Golden’s term.

FASB OKs two standards and delays insurance standard amid coronavirus


Building opportunities for a more diverse accounting profession

If you are looking to make an impact, here are some ways to help others live better financial lives and organizations retain and promote people of color.

Building opportunities for a more diverse accounting profession


Banks take hard line against accountants seeking fees for PPP referrals

Accountants, as well as lawyers and consultants, who helped small businesses apply for emergency relief funds through the Paycheck Protection Program want to be compensated. Are they entitled to be?

Banks take hard line against accountants seeking fees for PPP referrals