The new rule for defining an employee vs. an independent contractor is likely to be challenged in the incoming Biden administration. IRS to delay tax season until Feb. 12 | By Michael Cohn 5 min read | The Internal Revenue Service plans to open filing season on Feb. 12, although it is making its Free File program available starting Friday. | | SBA reopening PPP to lenders Friday | By Michael Cohn 4 min read | The U.S. Small Business Administration plans to reopen the Paycheck Protection Program to small lenders on Friday and to all lenders next Tuesday. | |
SBA and Treasury reopen Paycheck Protection Program | By Michael Cohn 3 min read | The U.S. Small Business Administration and the Treasury Department relaunched the Paycheck Protection Program on Monday to new borrowers, prioritizing loans from community lenders. | |
Individual CPAs can apply for .cpa domains now | By Ranica Arrowsmith 1 min read | The use of a .cpa domain allows practitioners to strengthen their brand identity in online communications and provides better security and resistance to Internet fraud, such as phishing and spoofing. | |
Refund delays, stimulus check errors foreshadow rough tax season | By Laura Davison and Allyson Versprille 3 min read | Tax-refund delays and stimulus-payment hiccups could spill into the upcoming tax season as the Internal Revenue Service continues to face challenges related to the coronavirus pandemic and as Congress considers yet another round of direct payments. | | |