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Study: Firms Say They Want to Advance Environmental and Social Causes, But Political Spending Says Otherwise
NextGen
A recent study has found that while some companies say they support various environmental and social causes, their political…
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SEC Files Fraud Charges Against CEO of Machine Learning Company
Trusted Professional
The Securities and Exchange Commission complaint “As we allege in our complaint, Shamim and YouPlus drummed up interest in…
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NYS Study Concludes Tax Prep Companies Intentionally Undermined Free File Program
Trusted Professional
The New York State Department of Financial Services noted last year deliberately deindexed
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Faced With Coin Shortage, One Bank Pays Customers for Their Change
NextGen
CNN Business stopped giving exact change to customers. at least partially
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Federal Reserve Offers Nonprofits Greater Access to Credit Through Main Street Lending Program
Trusted Professional
The Federal Reserve announced June proposal. * A minimum of 10 employees (previously 50) * Total non-donation revenues equal…
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Regulatory Roundup - July 14-20
Trusted Professional
AICPA AICPA and CPA.com Team Up with Biz2Credit to Launch PPP Loan Forgiveness Tool The AICPA, CPA.com and Biz2Credit…
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Treasury Secretary Suggests Possibility of Approving All Forgiveness Applications for Smaller PPP Loans
Trusted Professional
Faced with the task of going through millions of applications to forgive Paycheck Protection Program (PPP) loans, Treasury…
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Rising Number of Companies in Bankruptcy Specifically Cite COVID-19 as Reason
Trusted Professional
The pandemic has inflicted gruesome damage on the economy, and as more and more companies seek bankruptcy protection,…
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As Remote Work Grows, State Tax Departments Pay Close Attention to Nexus
Trusted Professional
according to a Bloomberg survey South Dakota v. Wayfair Quill Corp. v. North Dakota
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