COVID-19 news and information for CPAs

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February 1, 2021

States’ rolling conformity to the Code and CARES Act

Examples from several states show that rolling conformity is not as clear-cut as it sounds.

February 1, 2021

Tax penalty relief amid the pandemic

Help clients establish COVID-19-related reasonable-cause defenses and abatement requests.

February 1, 2021

Zoom vs. Teams vs. Google Meet: Which is right for you?

Most of the time, you simply click the link given to you and never think twice. But for those of us who have to host meetings, which platform is best? Let’s take a look at each.

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

Not-for-profit auditors face new challenges amid pandemic

Remote auditing, new risks, going concern issues and changes in internal controls give not-for-profit auditors a long list of challenges to meet as a result of the pandemic. Here’s what practitioners should keep in mind.

FROM THIS MONTH'S ISSUE

Build reusable Skills in Anthropic’s Claude AI

Instead of rewriting prompts each time, CPAs can turn routine tasks into reusable AI Skills. This Technology Q&A walks through how to build Claude Skills that process files, ask setup questions, and export clean Excel outputs.