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Mortgage Industry Threatening to Buckle Under Effects of Aid Program
The Trusted Professional
The mortgage industry is warning Under the CARES Act Mortgage Report unintended consequence emergency actions margin calls…
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Stocks Rally on Hope of Diminishing Deaths, But Many Remain Cautious
The Trusted Professional
The Dow Jones Industrial Average surged Monday on hopes that the death toll from the COVID-19 pandemic might finally be past…
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Regulatory Roundup - March 31 to April 6
The Trusted Professional
AICPA Press Release AICPA Coalition Recommends PPP Applicants Use Gross Payroll Approach in Calculations An AICPA-led…
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Democrats Pivot, Now Say Next Stimulus Bill Must Focus on More Loans, Direct Payments
The Trusted Professional
Congressional Democrats want to put their previous plans for an infrastructure bill on hold and instead focus on more direct…
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Stocks Sink on Dire Jobs Report
The Trusted Professional
CNBC possible end to the price war 6.6 million new unemployment claims 701,000 in March New York Times In a separate article…
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Washington Preparing Next Round of Stimulus
The Trusted Professional
With ink still drying on the last deal, Democratic lawmakers are already calling for a new round of stimulus measures in…
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Weekly Unemployment Claims Soar to 6.6 Million
The Trusted Professional
The Department of Labor reports that more than 6.6 million people filed new claims for unemployment benefits during the week…
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FASB to Discuss Coronavirus Impact on Standard Setting on April 8, May Provide Some Relief
The Trusted Professional
The Financial Accounting Standards Board said that its April 8 meeting will be devoted to standard-setting issued in the…
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IRS Expands Use of Digital Signatures in Wake of Pandemic, Now Accepts Even a Photo of a Signature
The Trusted Professional
Accounting Today The NYSSCPA is advocating for legislation sent a letter to Gov. Cuomo on this very issue. The Trusted…
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