Biden plans to nominate Janet Yellen for Treasury

The former Fed chair would be the first woman to head the Treasury, bringing a seasoned central banker to the nation’s top economic policy job as the coronavirus pandemic threatens another U.S. downturn. Original Article Posted at : https://www.accountingtoday.com/articles/biden-plans-to-nominate-janet-yellen-for-treasury-secretary

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AICPA prods Congress to allow PPP expense deductibility

The American Institute of CPAs is asking CPAs to contact their representatives in Congress and push them to back legislation allowing businesses who receive Paycheck Protection Program loans to be able to deduct their business expenses, even if their PPP loans are forgiven. Original Article Posted at : https://www.accountingtoday.com/news/aicpa-prods-congress-to-allow-ppp-expense-deductibility

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Inclusion matters

The stakes are high, and we will need equal shares of courage, candor and compassion to create truly inclusive organizations. Original Article Posted at : https://www.accountingtoday.com/opinion/inclusion-matters

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Red Wing Software releases upgrade to CenterPoint

Version 15.16 supports the new Form 1099-NEC, charts and graphs can be added to the dashboard, and files attached to invoices and sales orders can be included when emailed. Original Article Posted at : https://www.accountingtoday.com/news/red-wing-software-releases-newest-upgrade-to-centerpoint

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Art of Accounting: My 7th anniversary

Writing a weekly column forces me to always be looking for ideas and has made me much more observant of what goes on in the public accounting profession as a whole and also within firms of all sizes. Original Article Posted at : https://www.accountingtoday.com/opinion/art-of-accounting-my-7th-anniversary

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Firms giving back: RSM US donates $4M via Birdies Fore Love

Eide Bailly announces the recipients of its 2020 Resourcefullness Awards, Grant Thornton announces its next Purple Paladin honoree, and SD Mayer & Associates provides meals to the Bay Area. Original Article Posted at : https://www.accountingtoday.com/list/firms-giving-back-rsm-us-donates-4m-via-birdies-fore-love

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France finance chief presses Biden team on digital taxes

France is hoping for a quick end to the simmering transatlantic trade battle over its tax on technology giants such as Facebook Inc. as soon as President-elect Joe Biden takes office. Original Article Posted at : https://www.accountingtoday.com/articles/france-finance-chief-presses-biden-team-on-digital-taxes

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