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SBA Releases PPP Forgiveness Form but AICPA Urges More Detail

(JofA) - The form and instructions offer borrowers details on how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136 and additional guidance such as FAQs and interim final rules.


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Fed's Powell: 'Medical Metrics' Most Important Data for U.S. Economy Now 
(Reuters) - The most important data for the U.S. economy right now are the “medical metrics” around the coronavirus pandemic, Federal Reserve Chairman Jerome Powell said Sunday night in broadcast remarks where he outlined the likely need for three to six more months of government financial help for firms and families.


Intelligent Automation: Getting More Bang from the Bots 
(CFO) - The path to realizing the benefits of automation has been more challenging than many executives anticipate...


IRS Expands Partner Materials for Coronavirus Stimulus Payments  
(CPA Practice Advisor) - The IRS has placed a special emphasis on partnering with new organizations that work with groups focusing on veterans, homeless, low-income taxpayers as well as non-English speaking audiences to share information about the payments.


Accountants Worry About Losing Clients Amid the Pandemic 
(Accounting Today) - More than half expect to be back to a more normal work environment in less than six months, according to a new survey.


Dividends Have Disappeared This Year. Will They Ever Come Back 
(CNN Business) - Dividend payouts could tumble by nearly $500 billion this year, a steeper drop than during the global financial crisis, as the worst global recession in decades is forcing companies to preserve cash.


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