COVID-19 news and information for CPAs

TOPICS

June 11, 2021

IRS posts ARPA credit FAQs

The IRS has posted two sets of FAQs that explain changes to the child and dependent care credit and to the sick and family leave credits made by the American Rescue Plan Act.

June 4, 2021

SBA reports first 50 Shuttered Venue Operator Grants

The US Small Business Administration reported its first set of grants from the $16.25 billion Shuttered Venue Operator Grants program.

June 1, 2021

Line items

PPE is deductible as a medical expense … IRS advises on repayments of deferred employer Social Security taxes … Final regs. cover misdirected refunds

June 1, 2021

Automate meeting tasks with these tools

These software tools are worthy of consideration for anyone regularly running virtual meetings.

May 27, 2021

Draft employer’s payroll tax return incorporates ARPA changes

A proposed new version of Form 941, Employer’s Quarterly Federal Tax Return, reflects relief provisions of the American Rescue Plan Act.

May 26, 2021

5 trends to watch during the pandemic recovery

Inflation fears, labor shortages and real estate issues all are top-of-mind as the US appears to be emerging from the COVID-19 pandemic. Former CNBC Chief Economist Marci Rossell provided AICPA Council members with advice Wednesday on what to expect in the weeks and months ahead.

May 24, 2021