The SBA’s form clarifies some issues, but still leaves questions to be answered.
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Upcoming Events
Daily Briefing
May 28, 2020
Upcoming Events May 28, 2020
Daily Briefing
10 takeaways on the PPP loan forgiveness application
By Steven Pinsky
The SBA’s form clarifies some issues, but still leaves questions to be answered.
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The focus shifts to PPP forgiveness
By Roger Russell      5 min read
The release of the SBA's loan forgiveness application highlights the questions that remain around the Paycheck Protection Program.
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IRS proposes new rules for retirement and annuity payments
By Michael Cohn      2 min read
The Internal Revenue Service and the Treasury Department issued proposed regulations Wednesday to update the income tax withholding rules for periodic retirement and annuity payments made after Dec. 31, 2020.
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Xero fast-tracks new cash flow features to help COVID-affected businesses
By Ranica Arrowsmith      2 min read
The software company has also debuted a new monthly revenue feature for accountants.
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Nonprofits versus the pandemic
By Daniel Hood
Tosha Anderson of The Charity CFO shares the strategies that not-for-profit organizations are taking to weather COVID-19.
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IIRC proposes revisions to reporting framework and names new chair
By Michael Cohn      3 min read
The council has opened a 90-day consultation period on proposed revisions to its International Integrated Reporting Framework, and named Conor Kehoe as its new chair.
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Time to revisit ‘It will never work’
By Kimberly Ellison-Taylor      6 min read
The COVID-19 pandemic has changed us in ways that are still undetermined.
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R&D tax credits and the coronavirus
By David McGuire      3 min read
Research credits could look very different for some companies in 2020 compared to other years.
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FASB names new technical director and EITF chair
By Michael Cohn      3 min read
The Financial Accounting Standards Board has appointed Hillary H. Salo, a partner at KPMG, as its new technical director and chair of the Emerging Issues Task Force.
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New regs ease reporting for some tax-exempts
By Jeff Stimpson      1 min read
Opponents like Sen. Ron Wyden claims the rules are politically motivated.
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