A new Accounting Today survey finds that almost three-quarters of accountants think the economy will be in trouble going into 2021.
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June 5, 2020
Upcoming Events June 5, 2020
Daily Briefing
Accountants see pandemic over by year's end; recovery will take longer
By Daniel Hood
A new Accounting Today survey finds that almost three-quarters of accountants think the economy will be in trouble going into 2021.
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Want to do more than just survive the coronavirus pandemic? Join our four-part master class with Gary Boomer, Allan Koltin and Gary Shamis on navigating the crisis. Save $100 with discount code ACT100.
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IRS to expand Virtual Settlement Days
By Jeff Stimpson      1 min read
The service is looking to go online to help more taxpayers who aren’t represented by counsel.
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Coronavirus and CECL affecting regulatory capital at banks
By Michael Cohn      3 min read
The pandemic and the new accounting standard are leading to lower regulatory capital ratios at global investment banks, according to a new report.
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SignEasy introduces new features to help with SBA loans
By Ranica Arrowsmith      2 min read
Small businesses have run into roadblocks trying to apply for PPP loans since the pandemic triggered mandatory closures.
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Tax Fraud Blotter: Doctors in the house
By Jeff Stimpson      4 min read
Root of a problem; in the pipeline; little oversight; and other highlights of recent tax cases.
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AAM announces 2020 Marketing Achievement Awards
By Sean McCabe      2 min read
The Association for Accounting Marketing honored four professionals for their contributions to industry marketing and business.
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CPA executives have bleaker outlook thanks to coronavirus
By Michael Cohn      3 min read
Business executives who are also CPAs have sharply reduced their outlook for profits, sales, hiring and the overall economy over the next 12 months, because of the COVID-19 pandemic, according to a new survey by the American Institute of CPAs.
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6 predictions for where states are planning to get their tax money
By Judy Vorndran and Stacey Roberts
The financial landscape is looking worse than lawmakers expected, sending states to ferret out every opportunity to expand, demand, and open new and broader tax pipelines. No business will be spared.
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AAFCPAs acquires Goffstein
By Michael Cohn      2 min read
The Regional Leader firm is expanding its international tax expertise in Massachusetts.
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Senate passes changes to small business PPP loan program
By Erik Wasson, Laura Litvan and Mark Niquette      4 min read
The bill, which passed the House last week on a 417-1 vote, now heads to President Donald Trump’s desk for his signature.
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