With blacked out or blank television screens, front pages and web portals, Poland’s private media companies protested against plans to implement a new advertising tax they say is a disguised government attempt to muffle criticism.
Day: February 10, 2021
SBA announces PPP process changes
The US Small Business Administration said that it is updating the Paycheck Protection Program’s processes and application platform to speed up the flow of funds to small businesses.
FASB approves private company and NFP goodwill triggering event alternative
Private companies and not-for-profits will have an option to perform goodwill impairment triggering event assessments at the reporting date (versus on the date of a triggering event as currently required), under an accounting alternative FASB voted to approve.
Nonprofits, businesses receiving PPP could face surprise audits
Nonprofit and for-profit organizations that received Paycheck Protection Program loans could unexpectedly find themselves confronting the “single audit” requirement for the first time, even though PPP loans are supposedly exempt.
New Social Security advisor credential launches
The National Association of Registered Social Security Analysts and its site, NARSSA.org, will look to aid professionals and firms who provide Social Security advisory services to its clients.
IRS warns of e-file identity theft scam
The Internal Revenue Service is alerting tax professionals about a dangerous new phishing scam.
Grandma wins $19M case against J.P. Morgan and 2 advisors (her grandsons)
Beverley Schottenstein accused the bank and the brokers of unauthorized trading of “multiple auto-callable structured notes and various other securities,” among other alleged misconduct.
Virtual accounting: How to succeed remotely
Founders of a fully virtual accounting firm share how accountants can succeed at working remotely now and after the pandemic is over.