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AICPA Comment Letter in Response IRS Government Shutdown Plan
General News
Earlier today, the IRS released their FY 2026 Lapsed Appropriations Contingency Plan in the event of a government shutdown.…
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AICPA urges IRS to modernize estate and trust tax forms
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2025 Tax Software Survey Results
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IRS to Phase Out Paper Refund Checks, as required by Executive Order
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Taxpayer Victory – Natural Disasters Act to Deliver Rapid Relief and Certainty, Headed to President’s Desk for Signature
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Tax provisions in the One Big Beautiful Bill
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SBA may be dropping PPP Loan Necessity Questionnaire requirement
General News
The Associated General Contractors of America (AGC) said that the U.S. Small Business Administration (SBA) is in the process…
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Online sign-up now available for advance child tax credit payments
General News
The IRS opened an online site Monday that allows taxpayers who are not required to file a 2019 or 2020 individual income tax…
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GASB addresses accounting changes and error corrections
Regulatory
GASB proposed changes Tuesday to its accounting and financial reporting guidance for accounting changes and error corrections…
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SBA stops accepting new PPP applications from most lenders as general funds run out
General News
The U.S. Small Business Administration (SBA) has stopped accepting new Paycheck Protection Program (PPP) applications from…
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PCAOB's 2021 inspections target pandemic concerns, predictability
General News
PCAOB inspections in 2021 will focus on the effects of the coronavirus pandemic on companies’ financial reporting while…
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Senate passes PPP deadline extension
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New PPP guidance implements changes from American Rescue Plan Act
General News
New Paycheck Protection Program (PPP) guidance from the U.S. Small Business Administration (SBA) incorporates changes to the…
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IRS postpones April 15 deadline
General News
The IRS announced on Wednesday, March 18, 2021, that it is postponing the deadline for all individual tax returns. Returns…
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House passes PPP deadline extension in 415-3 vote
General News
A bill to move the Paycheck Protection Program application deadline from March 31 to May 31 sailed through the U.S. House of…
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