Accounting

The speed and scale of the Paycheck Protection Program made it particularly susceptible to fraud, explains Juliette Gust, a forensic accountant and founder of Ethics Suite — and that means businesses need to take steps to protect themselves. Original Article Posted at : https://www.accountingtoday.com/podcast/preparing-for-the-potential-for-fraud-in-the-ppp

We are not back to normal, and WFH is not a perk … yet. Original Article Posted at : https://www.accountingtoday.com/opinion/working-from-home-is-not-a-choice

The COVID-19 pandemic has infected the service’s annual list of top tax scams. Original Article Posted at : https://www.accountingtoday.com/list/new-irs-dirty-dozen-is-full-of-coronavirus

Accountants can start small when it comes to deploying robotic process automation to streamline their workflows. Original Article Posted at : https://www.accountingtoday.com/opinion/the-challenge-for-cpa-firms-applying-rpa-in-the-real-world

Borrowers or their accountants can fill out the forgiveness application and the tool produces all government-mandated forms automatically. Original Article Posted at : https://www.accountingtoday.com/news/aicpa-and-cpa-com-provide-ppp-loan-forgiveness-tool

A Bitcoin investor in New Hampshire has filed a lawsuit against the Internal Revenue Service after he received a letter from the IRS inquiring about his digital currency holdings. Original Article Posted at : https://www.accountingtoday.com/news/bitcoin-investor-sues-irs-for-seizing-private-data

Top 10 Firm CliftonLarsonAllen’s CLA Foundation contributed to 40 organizations across the country — nearly 40 percent of which are led by people of color. Original Article Posted at : https://www.accountingtoday.com/news/cla-grants-more-than-500k-to-diversity-focused-organizations

New York State’s Department of Financial Services issued a report saying five tax prep software companies have been making it difficult for taxpayers to access the free versions of their tax preparation software, even though they belong to the Free File Alliance. Original Article Posted at : https://www.accountingtoday.com/news/new-york-state-accuses-tax-prep-companies-of-hiding-free-software

Over a hundred members of Congress are asking the Internal Revenue Service to resolve a number of issues preventing the remaining economic impact payments from going out to taxpayers who desperately need the money during the novel coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/news/lawmakers-urge-irs-to-fix-stimulus-payment-problems-amid-coronavirus