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Industry News

01/24/2022
In an information release, the IRS is encouraging taxpayers to use IRS online tools and resources.

08/20/2020
The IRS issued an update explaining that they are working through a correspondence backlog and experiencing delays in processing paper returns, due to its limited staff.

07/23/2020 Small Business Administration
The PPP loan program has been a life saver for many small businesses. See the news release from the SBA announcing the loan data. WASHINGTON—The U.S. Small Business Administration, in consultation with the Treasury Department, today announced it was releasing detailed loan-level data regarding the loans made under the Paycheck Protection Program (PPP).  This disclosure covers each of the 4.9 million PPP loans that have been made.