DrausAndAssociatesCPAs

Draus and Associates

[AICPA Media Relations @AICPANews]

It's April 15, the traditional tax filing deadline.

Jan Lewis, #AICPA tax executive committee member, helps explain who owes taxes today and who can wait until the May 17 deadline.
https://t.co/6BJlNuFNnb

[AICPA Media Relations @AICPANews]

#AICPA calls for full deductions of PPP expenses, removal of remote work tax obstacles, and relief to state and local governments, among other policies, in the next round of COVID-19 relief stimulus legislation.
https://t.co/jCZnPLTcVk

[Accounting Tomorrow @ATomorrow]

CPAs have no excuse to return to crowded offices, especially not in states where #COVID19 is having a second wind. #Accounting will remain “remote-flexible” for the foreseeable future. Here are 6 productivity hacks for the remote CPA: https://t.co/YXmufO4anr

[DrausAndAssociatesCPAs @DandAcpas]

With the #2019tax deadline approaching (without filing an extension) , here are some good reasons to consider an #IRS #Extension https://t.co/qe8jAWW4fX

[DrausAndAssociatesCPAs @DandAcpas]

Finally some guidance!! #sba #PPPloan #SmallBusinesses
https://t.co/mgPbelUAVi

[Caitlyn Kim @caitlynkim]

Sen. Gardner says he hopes the Senate can pass the House PPP fix by Unaimous Consent (possibly) today. All it takes is 1 senator to object to UC and reportedly there is division within the GOP caucus on how to go forward on this. https://t.co/jYusI2L2J1

[Friedrich List @simulator8]

U.S. Senate leader hopes for quick passage of House coronavirus small business bill https://t.co/NRHV6BVEvd

[Accounting Today @AccountingToday]

This summer for the first time, taxpayers will be able to electronically file their Form 1040-X, “Amended U.S. Individual Income Tax Return.” https://t.co/JDb3uOldPb

[ErikAsgeirsson @ErikAsgeirsson]

House just passed PPP flexibility bill 417-1.

Senate to take up over coming days.

We will discuss at 3 pm on @AICPA Town Hall.

[Archived: Mayor Lori E. Lightfoot @mayorlightfoot]

BREAKING: A date has been set. On June 3, Chicago will cautiously reopen in a way that protects the health & safety of our residents. https://t.co/NQZoyPxToY

[DrausAndAssociatesCPAs @DandAcpas]

Hang on #SmallBiz with #ppploans . Hopefully we'll get some #guidance soon! https://t.co/ZBPspiTJNN

[CPA.com @CPAcom]

Good @bloombergtax article on #PPPLoan forgiveness recommendations from @AICPA, with comments from @markkoziel https://t.co/8dEqsDbpUG

[Jovita Carranza, SBA @SBAJovita]

As of 3:30 pm EDT today, @SBAgov has processed more than 100,000 #PaycheckProtectionProgram loans submitted by more than 4,000 lenders.

[Accounting Tomorrow @ATomorrow]

The rules surrounding the Payroll Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) are evolving. It is very clear that accountants will play a critical role in the loan application process: https://t.co/VcgGyO2IrL

[IRSnews @IRSnews]

#IRS has posted answers to frequently asked questions on the filing and payment tax relief provided in response to the ongoing #COVID19 emergency. These questions and answers will be updated periodically. See https://t.co/hEEWmgHA9V

[DrausAndAssociatesCPAs @DandAcpas]

For assistance and questions regarding your #CARESAct #StimulusChecks go to https://t.co/clXsNf8Ave

[IRSnews @IRSnews]

The #IRS deadline is extended to July 15. All taxpayers -- individuals, corporations, other non-corporate filers and those who pay self-employment tax -- can also defer income tax payments. See https://t.co/hEEWmgHA9V

[Accounting Today @AccountingToday]

The IRS and the Treasury Department are extending a number of tax deadlines for individuals, trusts, estates, corporations and others due to the impact of the novel #coronavirus. https://t.co/R85BcSpEq9

[SBA @SBAgov]

GET LOCAL HELP: These are challenging times for small businesses across the country but SBA's regional & district offices and resource partners are here to help with free counseling, training, and other resources.

🔎 Find business assistance near you. 👇

[SBA @SBAgov]

The #CARESAct has established new programs to help small businesses impacted by #COVID19 including:
1️⃣ Paycheck Protection Program
2️⃣ Up to $10K Economic Injury Disaster Loan Advance
3️⃣ Bridge loans for businesses that have used SBA Express
4️⃣ SBA loan debt relief
Learn more. ⤵️