Featured News
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AICPA supports keeping July 15 filing date
The AICPA wants the July 15 filing deadline to stay after considering responses it received from a survey regarding whether or not the IRS should extend the date.
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COVID-19 tax relief for investors, businesses
Treasury and the IRS have provided tax relief for certain taxpayers who are involved in new markets tax credit transactions and who have been affected by the COVID-19 pandemic.
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Applying early for PPP loan forgiveness
New Paycheck Protection Program guidance released June 22 declares that PPP recipients can apply for loan forgiveness early but doing so could cost them money.
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DOR extends call center hours
The Wisconsin Department of Revenue is extending its call center hours of operation as the July 15 tax filing deadline approaches.
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New tool to find PPP lenders quickly
The Small Business Administration has launched a free online tool to connect small businesses with Paycheck Protection Program lenders.
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SBA, Treasury to disclose some PPP recipients
The SBA and Treasury have agreed to publish the names and amount ranges for all recipients of Paycheck Protection Program loans of $150,000 or more.
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CPAs focus on client retention, survival
A new nationwide survey has found that CPA firms worry that up to 28% of their clients may not survive the current economy.
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Tax Court goes remote
The Tax Court will operate remotely until further notice in response to the COVID-19 pandemic.
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Taking CARES Act loans from qualified plans
The IRS explained June 19 how qualified individuals can take coronavirus-related loans and distributions from eligible retirement plans.
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New Office feature captures data from images
Microsoft’s new Data from Picture feature allows users to turn images of table data into editable data in Excel.