CLA Foundation grants over $500K to 40 organizations; KLR promotes three; and more CPA news.
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Upcoming Events
Daily Briefing
July 20, 2020
Upcoming Events July 20, 2020
Daily Briefing
People & firms on the move: Baker Tilly appoints business advisory leader
By Danielle Lee
CLA Foundation grants over $500K to 40 organizations; KLR promotes three; and more CPA news.
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What is the "new normal" for engaging customers in the wake of COVID-19?
COVID-19 has disrupted the way customers interact with businesses, forcing companies to find new ways to best serve their needs. When you complete our confidential survey to help us understand the extent of the expected disruption in your customer interactions during the pandemic — and how your business is responding — we will donate to Direct Relief.
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6 productivity hacks for the remote CPA
By Eyal Feldman
Accountants have no need to return to crowded offices, especially not in states where COVID-19 is having a second wind.
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Lawmakers urge IRS to fix stimulus payment problems
By Michael Cohn      3 min read
Over a hundred members of Congress are asking the service to resolve a number of issues preventing the remaining Economic Impact Payments from going out.
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Former FASB chair Russ Golden joins outside advisory committee for PwC
By Michael Cohn      5 min read
Golden, who just completed his term at FASB, will be chairing an Assurance Quality Advisory Committee at PwC.
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SPONSOR CONTENT
Adjusting Allowances for COVID-19
Incorporate a quantitative adjustment into your allowance framework under COVID-19
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Scaling New Heights moves to November
By Daniel Hood      2 min read
The 1,500-person event will be held in a venue for 10,000, to accommodate social distancing, and a remote-attendance option will be available.
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New York State accuses tax prep companies of hiding free software
By Michael Cohn      4 min read
New York State’s Department of Financial Services issued a report saying five tax prep software companies have been making it difficult for taxpayers to access the free versions of their tax preparation software, even though they belong to the Free File Alliance.
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CLA grants more than $500K to diversity-focused organizations
By Sean McCabe      1 min read
Top 10 Firm CliftonLarsonAllen's CLA Foundation contributed to 40 organizations across the country — nearly 40 percent of which are led by people of color.
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Bitcoin investor sues IRS for seizing private financial data
By Michael Cohn      3 min read
A Bitcoin investor in New Hampshire has filed a lawsuit against the Internal Revenue Service after he received a letter from the IRS inquiring about his digital currency holdings.
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AICPA and CPA.com provide PPP loan forgiveness tool
By Ranica Arrowsmith      2 min read
Borrowers or their accountants can fill out the forgiveness application and the tool produces all government-mandated forms automatically.
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White House says stimulus bill ‘must’ include payroll tax cut
By Josh Wingrove, Erik Wasson and Laura Davison      3 min read
The White House is signaling to Congress that President Donald Trump could reject a new coronavirus aid bill if it doesn’t include a payroll tax cut, adding a new complication to already contentious negotiations between Republicans and Democrats on the next round of stimulus.
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RESOURCES
WEB SEMINAR
Advances in tech demo event
In today’s unprecedented global circumstances, leaders in the accounting community are looking for innovative ways to help their firms make progress on the path to the new normal. The Advances in Tech Demo Event puts the spotlight on some of the latest software and technologies in the industry, which are helping our community move forward.
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WEB SEMINAR
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