Here are five ways the latest round of the Paycheck Protection Program is different. | The new Form 1099-NEC | | By Daniel Hood | | Companies and their advisors will want to make sure they're up on what's reported on the form, how it's changing the 1099-MISC, and the state-reporting wrinkles that go along with it, says Janice Krueger of Greatland. | |
| PwC reports improvement in audit quality | | By Michael Cohn 3 min read | | PricewaterhouseCoopers released an update Tuesday to its annual audit quality report for the firm, pointing to improvements on inspection results from the Public Company Accounting Oversight Board. | |
| Trump investigators have tax records even before court ruling | | By Greg Farrell and Greg Stohr 3 min read | | Investigators probing Donald Trump’s finances have gotten hold of some of his tax records, allowing them to move ahead even without a Supreme Court order that would give them eight years of his returns. | |
| Biden names acting chair for SEC | | By Michael Cohn 4 min read | | President Biden has picked Allison Herren Lee, a member of the Securities and Exchange Commission, as the acting chair of the SEC, as nominee Gary Gensler waits in the wings as a more permanent chair once he is confirmed by the Senate. | |
| Biden to extend student-loan payment freeze until September | | By Jenny Leonard and Andrew Kreighbaum 2 min read | | President Joe Biden plans to extend a freeze on federal student-loan repayments until at least the end of September, keeping in place a pandemic measure that’s reduced costs for tens of millions of borrowers. | |
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