Industry News: Business Tax Effects of New Covid Stimulus Law, American Rescue Plan Act

  Business Tax Effects of New Covid Stimulus Law, American Rescue Plan Act In addition to the $1,400 stimulus payments to many Americans, the American Rescue Plan Act provides many other relief measures, and also some new business tax measures, that should be noted.   The American Rescue Plan Act of 2021 (ARPA), enacted by … Read more

Industry News: AICPA Leader Tells Congress of Urgent Need for a 60-day Delay in PPP Application Deadline

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

Industry News: LinkedIn tips for accountants and finance professionals

LinkedIn tips for accountants and finance professionals Accountants should rethink their approach to virtual networking in a post-COVID-19 landscape. Networking has been unusually difficult over the past year, and most professionals have leaned on virtual platforms to form and maintain professional relationships. Many of the best practices for navigating LinkedIn have remained unchanged by the … Read more

Industry News: Building Relationships with Clients from Home

Building Relationships with Clients from Home As a result of the pandemic, most firms are now providing their services over video chat, emails, and phone calls rather than in person. Connecting with clients remotely and building a relationship is essential to a healthy partnership. As a result of the pandemic, most firms are now providing … Read more

Industry News: Do you know what the IRS’s 10 Taxpayer Rights are?

Each and every taxpayer has a set of fundamental rights they should be aware of when dealing with the IRS. Explore your rights and our obligations to protect them. The Right to Be InformedThe Right to Quality ServiceThe Right to Pay No More than the Correct Amount of TaxThe Right to Challenge the IRS’s Position … Read more