Entries by Zane Angelopolous

The IRS Sends 20,000 ERC Disallowance Letters

Cracking Down on Compliance On December 6, 2023, the IRS announced they were sending 20,000 letters to taxpayers, notifying them of disallowed ERC claims. The Employee Retention Credit is a refundable credit meant to reward businesses for continuing to pay employees through periods of government shutdowns or significantly reduced revenues due to the COVID-19 pandemic. […]

NASBA Approves One-Year Extension for CPA Exam

You may want to reconsider any thoughts you have about following the Certified Public Accountant (CPA) career path. Why? Becoming a CPA just became even more enticing with an amendment by the National Association of State Boards of Accountancy (NASBA). Currently, the NASBA licensure process includes the CPA exam, which requires candidates to complete all […]