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6-month delay granted for peer reviews

  • May 7, 2020

CPA firms will be granted six-month extensions for peer reviews, corrective actions, and implementation plans with original due dates between Jan. 1 and Sept. 30 of this year, according to a vote taken Thursday, May 7, 2020, by the AICPA Peer Review Board (PRB). Continue Reading

SBA stops accepting PPP applications after funding runs out

  • April 17, 2020

On Thursday, April 16, 2020, the U.S. Small Business Administration stopped accepting applications for the Paycheck Protection Program after exhausting the initial $349 billion in funding provided by Congress to fund forgivable loans to small businesses impacted by the COVID-19 pandemic. Continue Reading