News

This month’s update includes information on the Arizona State Board of Accountancy, the inaugural ASCPA Advocacy Roundtable event, a new interim rule for PPP loan forgiveness, an ad hoc committee on emergency powers and a CPA license renewal reminder.

This month’s update includes information about the Arizona State Board of Accountancy’s Annual Meeting, an interview with Sen. Sean Bowie, the executive order on payroll taxes, IRS acceptance of e-signatures, a letter of support for the Remote and Mobile Worker Relief Act and the ASCPA PAC Report.

This month’s update includes information about the Paycheck Protection Program, executive orders impacting payroll taxes and recognition for the Arizona State Board of Accountancy’s volunteers.

This month’s update includes information on Arizona’s state revenue projections, an update on the Arizona State Board of Accountancy and its Advisory Committees, an article about the AICPA’s letter to Congress and a PAC update.

The AICPA, on behalf of the accounting profession, continues to encourage Congress to not delay in finding bipartisan consensus on additional relief and recovery legislation, and to include provisions that reflect the true and immediate need of small businesses. In a letter sent on July 20 to Congressional leaders, the profession called for a focus on small business’ and the American workforce’s urgent need for fast, simple solutions that drive economic recovery.

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This month’s update includes information on the Arizona House and Senate; legislation impacting the CPA profession; a Board of Accountancy update, including volunteer opportunities; and a PAC update.

This month’s update includes information on the Arizona Legislature’s attempts to adjourn session, tax implications of forgiven PPP loans, letters sent to Arizona’s Congressional delegation, an overview of the governor’s executive orders and the monthly State Board of Accountancy meeting.

Any size and type of business can have a liquidity crisis. Liquidity can be defined as the ability of a business to pay its current financial obligations, which requires converting assets, such as, accounts receivable, inventory or services provided into cash as quickly as possible. Cash is the most liquid of all assets and is used to pay current financial obligations and purchase capital assets.

This month’s update includes information about ASCPA’s COVID-19 Resource Center, an update on the legislature, an overview of the governor’s executive orders, the cancellation of this month’s State Board of Accountancy meeting and a PAC update.