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Georgia May Start Taxing Digital Products in July Lawmakers in Georgia are looking to extend the state’s sales and use tax to digital goods and services. If House Bill 594 is enacted as written, audiovisual works, electronic books, video games, and a host of other digital products and services would … Lawmakers in GeorgiaHouse Bill 594 … Read more
Get Off the Hackers’ Hit List: Evolving Competencies for Finance Firms Today CPA practices, accounting firms and financial services organizations are increasingly wise to the ways of cybercriminals. They’re proactively partnering with IT and business leaders to take preventative action, mitigate risk and avoid costly breaches. Almost from the outset of the pandemic, financial services … Read more
Cybersecurity requirements provide new opportunity for CPAs CPAs have a new opportunity to act as third-party assessors of the cybersecurity maturity of U.S. defense contractors as they work to comply with new regulations that have been created to combat cyberthreats. CPAs currently providing System and Organization Controls (SOC) services, cybersecurity or IT security services, or … Read more
“Hack everybody you can”: What to know about the massive Microsoft Exchange breach Cybersecurity responders are working around the clock to shore up networks hit by last week’s hack of Microsoft’s Exchange email service — an attack that has impacted hundreds of thousands of organizations worldwide. On Friday, the White House urged victims to patch systems … Read more
AICPA Leader Tells Congress of Urgent Need for a 60-day Delay in PPP Application Deadline Simpson also called upon Congress to extend the PPP application deadline by at least 60 days after March 31, 2021, citing urgent challenges facing small business and their CPA advisors, … Lisa Simpson, CPA, CGMA, vice president of firm services … Read more
CPAs urged to be voice of calm in PPP storm CPAs have a great opportunity to act as a stabilizing force with small business clients as rule changes, deadline pressures, and ongoing processing problems with the Paycheck Protection Program (PPP) fuel a spike in frustration and anxiety levels. That was one of the messages delivered … Read more