The Internal Revenue Service will allow businesses that got their Paycheck Protection Program loans forgiven to write off expenses paid for with that money, shifting policy after Congress passed new legislation last month.
The Internal Revenue Service and the Treasury Department released guidance on claiming deductions for expenses associated with Paycheck Protection Program loans that have been forgiven.
The Internal Revenue Service is once again depositing the latest round of Economic Impact Payments in the wrong bank accounts in a replay of problems experienced last year by many taxpayers.
Professional services like accounting and tax prep gained 12,000 jobs, however, according to the payroll giant.
The Internal Revenue Service issued a revised Form 1024-A Tuesday, along with instructions permitting it to be filed electronically.
The bill has far-reaching tax consequences, including in the world of specialty tax.
The relief bill includes an extension of the 45Q tax credit, which gives companies a tax break for capturing carbon..
An inside look at how RSM US is supporting its staff through the pandemic.
Insights on how firms can prepare themselves and their clients for the world after COVID-19.
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The economic fallout from the coronavirus pandemic is continuing.
January 8
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The Internal Revenue Service will allow businesses that got their Paycheck Protection Program loans forgiven to write off expenses paid for with that money, shifting policy after Congress passed new legislation last month.
January 7
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The Internal Revenue Service and the Treasury Department released guidance on claiming deductions for expenses associated with Paycheck Protection Program loans that have been forgiven.
January 6
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The Internal Revenue Service is once again depositing the latest round of Economic Impact Payments in the wrong bank accounts in a replay of problems experienced last year by many taxpayers.
January 6
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Professional services like accounting and tax prep gained 12,000 jobs, however, according to the payroll giant.
January 6
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The Internal Revenue Service issued a revised Form 1024-A Tuesday, along with instructions permitting it to be filed electronically.
January 5
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The bill has far-reaching tax consequences, including in the world of specialty tax.
January 5
McGuire Sponsel -
The relief bill includes an extension of the 45Q tax credit, which gives companies a tax break for capturing carbon..
January 4
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An inside look at how RSM US is supporting its staff through the pandemic.
January 4
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As the time comes for businesses to apply for PPP loan forgiveness, CPAs can provide vital assistance to ensure success for their clients.
December 31
Reach Reporting
