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In the blogs: Getting dark early

PPP questions; differentiating data; partner preparation; and other highlights from our favorite tax bloggers.

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In the blogs: Illegal money

Wagering and taxes; taming email; to NEC or not; and other highlights from our favorite tax bloggers.

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Accountants shifting to more advisory services amid coronavirus

Accountants and tax professionals have been helping their small business clients deal with the economic fallout from the COVID-19 pandemic, shifting away from their routine compliance work after the end of the prolonged tax season.

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In the blogs: Getting serious

More bucks for the IRS; deductible haircuts; virtues of virtual learning; and other highlights from our favorite tax bloggers.

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Small businesses hired slightly more in September, says Paychex

Small-business employment and hours worked grew a bit in September, especially in the Northeast and within the construction industry, according to the latest monthly report from payroll giant Paychex.

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IRS says lenders don’t need to report PPP loan forgiveness

The Internal Revenue Service said Tuesday that lenders who make Paycheck Protection Program loans that are later forgiven under the CARES Act should not file information returns or furnish payee statements to report the forgiveness.

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Loan fraud, data shortfalls hinder U.S. virus aid, GAO finds

But the federal government has been able to correct some of its earlier missteps, like sending millions of stimulus checks to the deceased, according to the Government Accountability Office.

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