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PPP provides a lifeline, but more may be needed

Tax

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6/12/2020

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Future-proofing the tax system with small businesses in mind

Tax

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6/4/2020

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Economic Impact Payments being sent by prepaid debit cards, arrive in plain envelope; IRS.gov answers frequently asked questions

Tax

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5/27/2020

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Employee retention credit available for businesses affected by COVID-19

Tax

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5/19/2020

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PPP loan forgiveness calculator available; AICPA continues to push for more guidance

Tax

The AICPA’s revised PPP Loan Forgiveness calculator is now available. (The link downloads the Excel spreadsheet…

5/19/2020

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SBA allows increased PPP loans to partnerships, extends safe harbor to May 18

Tax

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5/14/2020

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ADOR statement on teleworking nexus apportionment

Tax

Alabama residents are taxable on all of their income, regardless of whether they work either within or outside the state.…

5/12/2020

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IRS provides guidance on the deductibility and reporting of certain amounts paid to, or at the direction of, governments

Tax

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5/12/2020

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AICPA supports bill that would make PPP-funded expenses deductible

Tax

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5/6/2020

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