Accounting

A distributed workforce may lower an organizations tax obligations in some jurisdictions. Original Article Posted at : https://www.accountingtoday.com/news/remote-workers-may-provide-tax-savings-for-employers

The U.S. Small Business Administration and the Treasury Department are making it easier for companies to get their Paycheck Protection Program loans of $50,000 or less forgiven. Original Article Posted at : https://www.accountingtoday.com/news/sba-and-treasury-simplify-forgiveness-of-ppp-loans-under-50k

BKD promotes 65; EY appoints two office managing partners; and more CPA news. Original Article Posted at : https://www.accountingtoday.com/list/people-firms-on-the-move-gettry-marcus-names-tax-practice-partner-in-charge

Providing your clients with tangible actions they can take to improve cash flow may be one of the most important and impactful pieces of advice you can give. Original Article Posted at : https://www.accountingtoday.com/opinion/helping-business-clients-improve-cash-flow-during-these-highly-unusual-times

Lost Horizon; crimes of Misdemeanor; Strachans plea; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-brazen-attempts

Disclosures in financial statements and SEC filings about the current and potential impacts of COVID-19 are a major concern. Original Article Posted at : https://www.accountingtoday.com/news/coronavirus-is-worrying-corporate-audit-committees

The Internal Revenue Service is temporarily allowing taxpayers who engage in so-called “reportable transactions,” typically tax shelters, to fax the Form 8886 for initially disclosing them to the IRS instead of mailing in the form. Original Article Posted at : https://www.accountingtoday.com/news/irs-changes-procedure-for-reporting-tax-shelters

The Public Company Accounting Oversight Board released a preview Thursday from its staff about its findings from inspections of audit firms last year ahead of the issuance of its 2019 inspection reports. Original Article Posted at : https://www.accountingtoday.com/news/pcaob-previews-latest-inspection-findings-of-audit-firms