News

The IRS today announced that interest rates will remain the same for the calendar quarter beginning April 1, 2021. Continue Reading

While email is the most expeditious way to communicate, we have to be mindful and thoughtful about what we choose to share before clicking send. Continue Reading

The AICPA called on Congress to extend the application period for the Paycheck Protection Program (PPP) by at least 60 days. Continue Reading

The IRS reminds first-time filers and those who usually don’t have a federal filing requirement to consider filing a 2020 tax return. Continue Reading

The IRS issued employee retention credit guidance which clarifies and describes retroactive changes under the new law that apply to 2020, primarily relating to expanded eligibility for the credit for taxpayers who took Paycheck Protection Program (PPP) loans. Continue Reading

Jody Deardorff of Pendleton works for the Confederated Tribes of the Umatilla Indian Reservation. Read more about the CPA career she calls a fun adventure. Continue Reading

Late revisions to PPP loan program; House passes new COVID-19 relief bill, moves on to Senate; taxpayer gets out of tax on $300,000 of credit card rewards; Texas taxpayers get extension to June 15 Continue Reading

The IRS today issued guidance for employers claiming the employee retention credit under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), as modified by the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (Relief Act), for calendar quarters in 2020. Continue Reading

The IRS reminds taxpayers who haven't received an incorrect W-2 or Form 1099, or received an incorrect one, that they should contact the employer, payer, or issuing agency and request the missing documents. Continue Reading

Even after the coronavirus, the accounting profession will need to keep changing and adapting at a rapid pace. Continue Reading