Articles
- Returning to the Office: A Guide for Accountants
A white paper by CPACHARGE. As stay-at-home and similar restrictions are being lightened or lifted across the country, you are likely wondering what going back to the office will look like for your firm, staff, and your clients as you adapt to... read more
- CPA Evolution: what’s next?
The AICPA and NASBA created CPA Evolution as an initiative to recognize the skills and knowledge CPAs need in a technology-driven marketplace. The new CPA licensure model was developed over three years of research and data collection with over 40... read more
- IRS Provides Certainty Regarding The Deductibility Of Payments By Partnerships And S Corporations For State And Local Income Taxes
The Internal Revenue Service (IRS) today issued Notice 2020-75 , which announces rules to be included in forthcoming proposed regulations. Specifically, the proposed regulations will clarify that State and local income taxes imposed on and... read more
- How the CARES Act Changes Deducting Charitable Contributions
Whether taxpayers are supporting natural disaster recovery, COVID-19 pandemic aid or another cause that’s personally meaningful to them, their charitable donations may be tax deductible. These deductions basically reduce the amount of their... read more
- It’s Time For Tax Professionals To Renew Their PTIN
The IRS reminds all active tax preparers to start the upcoming 2021 filing season smoothly by renewing their Preparer Tax Identification Numbers now. All current PTINs will expire December 31, 2020. Anyone who prepares or helps prepare a federal... read more
- DOR Regulation Notice: Proposed Rule 560-7-8-.66, Personal Protective Equipment Manufacturer Jobs Tax Credit.
The GA DOR has released a Regulation Notice on the proposed Rule of a tax credit for manufacturers of PPE. The release reads: To All Interested Parties, An Income Tax Division Rule is being proposed by the Department. A virtual hearing will be... read more
- A New Internet Domain for the Accounting Profession: .cpa
By Erik Asgeirsson, President and CEO of CPA.com This past year has further emphasized the importance of thinking strategically about your online presence, and it’s clear this will become even more critical in the future as digital... read more
- Georgia November 2020 General Election – Ballot Questions
Along with the candidates for federal, state and local offices, voters will have a variety of ballot initiatives and referendums to consider as they view their ballots for the 2020 November general election. It’s always important to look at... read more
- Meet Your New FASB Chair, Rich Jones
Rich Jones, CPA began his seven-year term as the eighth chairman of the Financial Accounting Standards Board (FASB) in July 2020. In this role, he heads up the seven-member Board that establishes generally accepted accounting principles (GAAP)... read more
- SBA Procedural Notice on PPP Loans and Changes of Ownership
The U.S. Department of Treasury has released a SBA Procedural Notice to all SBA Employees and Paycheck Protection Program Lenders on PPP loans and changes of ownership. The procedural notice states, "For purposes of the PPP, a “change of... read more