The Small Business Administration and the Treasury Department unveiled a simpler loan forgiveness application for the Paycheck Protection Program to reflect changes under the PPP Forgiveness Act. | | | How are companies navigating the return to work? | | Work hasn’t stopped but it certainly has changed as companies navigate new business conditions resulting from the coronavirus pandemic. When you complete our confidential survey to help us understand if, how, and when businesses will resume normal activities and work routines, we will donate $10 to Direct Relief. | |
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| BDO merges in PBTK → | | By Michael Cohn 2 min read | | BDO USA, a Chicago-based Top 10 Firm, has added Piercy Bowler Taylor & Kern, CPAs, a firm based in Las Vegas, expanding BDO’s presence in Nevada and Utah. | |
| Receipt Bank acquires data quality specialist Xavier → | | By Ranica Arrowsmith 1 min read | | The software detects errors and anomalies in complex business data within accounting software, aimed at reducing the frequency and the cost of fixing them for accountants and bookkeepers. | |
| Trump tax break fails to deliver for communities, study finds → | | By Noah Buhayar 2 min read | | President Donald Trump recently highlighted the “opportunity zone” tax breaks he signed into law in late 2017 as a reason his administration “has done more for the Black Community than any president since Abraham Lincoln,” but a new study casts doubt on the program's effectiveness. | |
| In the blogs: Phases on stun → | | By Jeff Stimpson 3 min read | | Reopening and depreciation; cutting your AR; butts in seats; and other highlights from our favorite tax bloggers. | |
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