In a letter to leading legislators, the group also urged them to make businesses expenses paid with PPP money deductible.
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August 3, 2020
Upcoming Events August 3, 2020
NCCPAP calls for automatic forgiveness for smaller PPP loans
By Daniel Hood      2 min read
In a letter to leading legislators, the group also urged them to make businesses expenses paid with PPP money deductible.
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IRS finalizes rules on business interest expense deduction limits
By Michael Cohn     2 min read
The service released the final regulations and other guidance on the deduction, which was amended by the CARES Act.
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Vertex goes public on Nasdaq
By Michael Cohn     5 min read
The tax technology provider plans to use the extra capital to expand abroad and develop new sales and use tax software and services.
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A tax season for the record books
By Roger Russell     6 min read
Tax pros share lessons from this July 15 — and for next year.
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Biden’s $775B plan paid for with real estate taxes
By Tyler Pager     2 min read
Joe Biden on Tuesday unveiled a plan to bolster childcare and care for the elderly that would be financed by taxes on real-estate investors, as well as increased tax compliance by high-income earners.
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Accounting Today names 2020 Best Firms to Work For
By Daniel Hood     2 min read
The annual list recognizes the 100 top workplaces in the profession.
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GOP stimulus package a starting point for negotiations
By Roger Russell     3 min read
Time is running out for further relief efforts before the August recess.
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The risks of reopening
By Roger Russell     6 min read
Firms need to plan their return to work very carefully.
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Engage 2020: Opportunities ahead for accountants
By Daniel Hood     4 min read
The coronavirus pandemic has opened up a number of specific areas with potential for the profession, according to leaders at the AICPA.
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IRS offers guidance on recapturing excess employment tax credits amid coronavirus
By Michael Cohn     2 min read
New regulations to help employers reconcile any advance payments of refundable employment tax credits and recapture the benefit of these credits when necessary, in line with the CARES Act and the Families First Act.
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