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FASB, FAF Announce New Board Members
Trusted Professional
The Financial Accounting Foundation (FAF) announced the appointment of five new members to its board of trustees while, at…
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Rent a Struggle for 44 Percent of Minority-Owned Businesses
NextGen
A recent survey has found that 44 percent of minority-owned businesses could not afford to fully pay their November rent,…
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SEC Approves Electronic Signatures on Authentication Documents
Trusted Professional
The Securities and Exchange Commission approved
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COVID-19 Prompting Businesses to Ramp up Automation Trends
NextGen
As physical proximity remains a dicey proposition amid the COVID-19 pandemic, companies are stepping up their efforts toward…
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SBA Requests a Delay in Releasing PPP Loan Data
Trusted Professional
The Small Business Administration (SBA) has asked a judge to delay the release of Paycheck Protection Program (PPP) loan data…
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20 Percent of Largest Public Firms Now Zombies
Trusted Professional
The horde of zombie companies—that is, firms that cannot survive on their own without constant infusions of new…
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IRS Criminal Investigations Shows $2.3 Billion in Tax Fraud
Trusted Professional
The IRS Criminal Investigations Division, as documented in its annual report, successfully pursued cases involving a total of…
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Three NYSSCPA Members Among 25 'Most Powerful Women in Accounting' List
Trusted Professional
The AICPA and CPA Practice Advisor's list of the 25 "Most Powerful Women in Accounting" includes three NYSSCPA members. Award…
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To Combat ID Theft, IRS to Mask Certain Details on Business Tax Transcripts
Trusted Professional
Starting Dec. 13, the IRS will begin masking sensitive data on business tax transcripts in order to curb identity theft.…
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