AICPA Accounting Guidance for PPP Lenders
The AICPA and its Depository Institutions Expert Panel (DIEP) has released several Technical Questions and Answers (TQAs) to help depository institutions, credit unions, credit card…
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Embracing, Leading and Surviving Change
A hot topic at Wolters Kluwer’s Audit Talks LIVE – Spring 2020 virtual conference change management. Specifically, we hosted a session on embracing, leading and…
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New Legislative & Regulatory Changes Affect Retirement Planning
SECURE Act, CARES Act & IRS COVID-19 responses impact many taxpayers Many legislative and regulatory changes enacted in the past several months directly impact qualified…
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How to Embrace Analytics in the Audit
Earlier this month, Boomer Consulting, Inc. had the honor of sponsoring Wolters Kluwer’s Audit Talks LIVE – Spring 2020 virtual conference. The conference brought together…
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Adjusting to an extended tax season
Summertime. The time of year a tax accountant typically focuses on vacation – and relaxing after a long tax season. However, 2020 has been anything…
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IRS & Congress Offer Tax Relief Relating to Federal Disasters & National Emergencies
Relief aimed at helping impacted taxpayers It’s been a busy year already for federal disaster and national emergency declarations. Following the declaration of a national…
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Focus on Efficiency
The Three “C’s” Over the past few months firms have adjusted to a new way of doing business. With offices closed, we have learned to…
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CARES Act Provides New Opportunities for Businesses to Utilize Net Operating Losses, But Deadlines Are Looming
Wolters Kluwer looks at CARES Act changes impacting businesses Business taxpayers have new opportunities to generate cash from the net operating loss (NOL) provisions of…
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Ready to better manage your audit workflows?
Understanding the problem “I can’t get a 360 view of where all the engagements are, and what is ready to go out the door.”“These status…
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Restaurants, Retailers, and Other Lessees Can Now Rapidly Expense Improvements for Tax Purposes
Wolters Kluwer Tax & Accounting reviews CARES Act correction to treatment of Qualified Improvement Property A known error in the legislative language of the Tax…
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