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Top 10 Ways Companies Cook the Books
With the recent economic slowdown, companies are under increased pressure to show stability, or even growth, and paint a rosy picture for investors. That pressure will undoubtedly cause some...
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3 Steps to Building Strong Risk Management
The coronavirus pandemic has already resulted in a significant business downturn around the globe. Even though during this wide-scale crisis with its catastrophic consequences some winners have...
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New FAQs Address PPP Loan Forgiveness Issues
The U.S. Small Business Administration (SBA), in consultation with Treasury, released guidance Tuesday answering 23 frequently asked questions regarding the forgiveness of Paycheck Protection Program...
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IRS to Allow Faxing of Automatic Method Change Requests
In response to the coronavirus pandemic, beginning July 31, the IRS is allowing taxpayers that file Form 3115, Application for Change in Accounting Method, to fax the duplicate copy of the request,...
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IRS Finalizes Rules on Business Interest Expense Deduction Limits
The Internal Revenue Service released the final regulations and other guidance on the limitation on the deduction for business interest expenses under the Tax Cuts and Jobs Act of 2017, which was...
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