COVID-19 news and information for CPAs

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February 1, 2021

‘When everything became very real’

CPAs recall the onset of the COVID-19 pandemic and the impact it had on their work.

February 1, 2021

Career development in a virtual world

With employees now less centralized, organizations face greater challenges in growing the knowledge of the workforce.

February 1, 2021

3 tips for building remote-work policies that last

Working from home isn’t going away even after the pandemic finally abates, so employers need to ensure they have a strategy that can stand the test of time.

January 29, 2021

CPA news to know: PPP vigilance and the start of tax season

An express version of our podcast revisits advice for PPP loan applications and explores the tax season’s compressed calendar.

January 28, 2021

PPP loan forgiveness and taxes: Part 2

Eileen Sherr, CPA, CGMA, MT, discusses what the CAA resolved regarding deductibility of business expenses paid by loan proceeds from the PPP, along with other AICPA advocacy priorities — and what remains unresolved. Plus, we look ahead to possible developments during 2021 in tax legislation and pandemic relief.

January 28, 2021

Employee retention credit changes leave practitioners with questions

The IRS issued guidance on two aspects of the employee retention credit — how to claim the credit when filing the fourth quarter Form 941 when the taxpayer knows its loan under the PPP will not be forgiven and how the newly extended and amended employee retention credit will apply.

January 27, 2021

FROM THIS MONTH'S ISSUE

AI risks CPAs should know

Are you ready for the AI revolution in accounting? This JofA Technology Q&A article explores the top risks CPAs face—from hallucinations to deepfakes—and ways to mitigate them.