Tax & Accounting News

The Small Business Administration (SBA) issued it’s year-end Payroll Protection Program (PPP) loan forgiveness report.

Legislation proposed would treat digital assets such as cryptocurrency the same as stock and securities in the applying the wash sale and constructive sale rules.

Draft instructions for Form 10565 partnership returns clarify reporting for self-employment tax, the employee retention payroll credit, the syndicate election, and business meal deductions.

The National Taxpayer Advocate explained the expanded role for IRS FAQs.

SEC Proposes Rules to Modernize Share Repurchase Disclosures

SEC Proposes Amendments to Rule 10b5-1 Insider Trading Plans and Related Disclosures

AICPA & CIMA Conference Highlights – December 8, 2021

AICPA & CIMA Conference Highlights – December 7, 2021

James Schnell, chair of the tax department at Mengel Metzger Barr & Co., uses Wolters Kluwer’s Integrated Audit Approach to increase productivity, improve research, and drive higher quality audits.

Client demands have increased, competition has mounted, and the technology available to professionals has moved at a rapid speed.

Taxpayers who have student loans forgiven are now spared a federal tax bill, but not all states treat forgiven loans the same.

The Small Business Administration (SBA) issued it’s year-end Payroll Protection Program (PPP) loan forgiveness report.