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The U.S. Small Business Administration recently informed lenders that it is eliminating the loan necessity review for Paycheck Protection Program loans of $2 million or greater.
View MoreThe U.S. Small Business Administration recently announced the closure of its Restaurant Revitalization Fund program, signed into law by President Joe Biden as part of the American Rescue Plan.
View MoreThe Department of the Treasury and the IRS recently issued Notice 2021-41, extending the Continuity Safe Harbor for taxpayers developing renewable energy projects affected by the COVID-19 pandemic.
View MoreThe FASB recently published an Invitation to Comment that gives stakeholders the opportunity to provide feedback on its future standard-setting agenda.
View MoreThe AICPA and the NASBA recently launched the CPA Evolution Model Curriculum, a recommended blueprint for college and university accounting programs to align with CPA Evolution, the new CPA licensure model expected to go into effect in 2024.
View MoreThe IRS recently released two new sets of FAQs to assist families and small and mid-sized employers in claiming credits under the American Rescue Plan.
View MoreTSCPA members may now pay membership dues automatically through TSCPA’s Membership Auto-Renewal Program.
View MoreThe Tennessee Department of Revenue has posted summaries of the legislative changes to statutes administered by or affecting the Tennessee Department of Revenue for 2021 to its website.
View MoreThe Tennessee General Assembly has approved three sales tax holidays for 2021, which include the traditional three-day weekend for back-to-school supplies, an added week-long break on food tax, and a year-long opportunity to save on gun safety equipment.
View MoreThe U.S. Small Business Administration recently announced that restaurants, bars and other eligible businesses impacted during the COVID-19 pandemic have until Monday, May 24 at 8 p.m. ET to submit applications to the Restaurant Revitalization Fund.
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