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Survey: Only 39 Percent Could Afford $1,000 Emergency
Trusted Professional
Only 39 percent of Americans are confident they would be able to come up with $1,000 for an emergency such as a car repair or…
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PPP Formulas Meant Some Sole Proprietors Got Loans of $1
Trusted Professional
Formulas for how Paycheck Protection Program (PPP) loan amounts are calculated led to a number of sole proprietors getting…
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Cuomo Speaks on Pandemic, Budget Gap; Proposes Legal Cannabis for Revenue Boost
Trusted Professional
$10,000 cap on state and local tax (SALT) deductions news release also plans telehealth education Office of Professional…
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Regulatory Roundup - Jan. 5-11
Trusted Professional
AICPA News A Statement from AICPA President and CEO, Barry Melancon, CPA, CGMA on the Events at the U.S. Capitol We are…
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U.S. Holds Off on Plans to Impose Tariffs on French Goods
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according to Accounting Today to a law in France Organisation for Economic Co-operation and Development (OECD delay the tax…
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Federal Govt. Reports First Loss of Jobs in 8 Months
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The U.S. Department of Labor reported that nonfarm payrolls fell by 140,000 in December, the first time in eight months that…
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FASB Clarifies: Rate Reform Guidance Applies to Derivatives if Affected by Transition
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The Financial Accounting Standards Board issued last year the rate became suspect alternative reference rates The FASB…
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IRS Issues Regulations for Carbon Capture Credits
Trusted Professional
The IRS issued final regulations The regulations carbon oxide
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DOL Reports 787,000 New Jobless Claims
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The U.S. Department of Labor new daily record of 3,915 yesterday fell by 123,000 Fortune most recent pandemic relief bill—
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