CalCPA Daily Clips
Published in

CalCPA Daily Clips

CalCPA Daily Clips

March 5, 2021

MEMBER IN THE NEWS
(Shannon Nash mentioned.)
UserTesting Welcomes Two New Members to Its Board of Directors
UserTesting, a leading provider of on-demand human insights, today announced the addition of two new members to the board of directors.
StreetInsider

BUSINESS
The digital shift is here. Just ask Disney
Disney is shuttering one-fifth of its 300 stores, a move that provides clues about the nature of the post-pandemic economy. The company is planning to ramp up e-commerce activity and has been focusing on streaming service Disney+.
CNBC

PERSONAL FINANCE
More credit report errors are cropping up during COVID-19. Here’s how to fix a mistake
Your credit report is the blueprint for building your credit score. The higher your score, the better your odds of receiving a low interest rate on a car loan, mortgage, credit card or other loan.
USAToday
— — -
$2.9 trillion in consumer savings could power recovery
Consumers in major economies have saved $2.9 trillion during the coronavirus pandemic, and economists forecast a spending spree that aids economic recovery when the threat eases.
Bloomberg
— — -
Social Security scammers have a new game
So you just got a text from Social Security and the guy even tried to reassure you that he’s the real deal by texting you a picture of his badge. Should you feel that things are on the up-and-up and respond?
USAToday

POLITICS & POLICY
New Funding Rounds Announced for California Small Business COVID-19 Relief Grant Program
Funding will support small businesses and non-profits that have struggled due to the COVID-19 pandemic.
State of California
— — -
California’s make-or-break reopening has arrived
As the state reshuffles vaccine distribution and reopening rules, lawmakers green-light a hard-fought plan to bring students back into schools. What does it all mean for economic recovery?
CalMatters

PROFESSION
COVID-19 challenges in commercial real estate audits
Many commercial real estate owners are contending with the pandemic’s impact. Auditors of these entities should keep a few considerations in mind.
AICPA Insights
— — -
Assessing Your Leadership Team
There is a direct link between the strength of the leadership team and the firm leader’s ability to lead from the edge.
CPATrendlines
— — -
The corporate accountant’s role in implementing technology
The COVID-19 pandemic has made technology more important more quickly than anyone could have foreseen.
AccountingToday
— — -
Helping Wealthy Clients Reduce Medicare Surtaxes
During the busy season, accounting professionals and their clients are looking for all possible ways to reduce taxes legally.
AccountingWeb
— — -
Harnessing The Power Of Artificial Intelligence In Accounting
There has always been a love-hate relationship with new technology.
Forbes

REGULATORY
New SEC enforcement task force to focus on climate, ESG compliance
The SEC is creating the Climate and ESG Task Force to identify compliance issues related to environmental, social and governance matters.
Journal of Accountancy

TAX
AICPA requests tax deadline postponements until June 15
In a letter, the AICPA has asked the IRS to postpone until June 15 all 2020 federal income tax and information returns and payments (e.g., extension and estimated payments) originally due April 15.
Journal of Accountancy
— — -
The IRS Plans to Audit More Small Businesses This Year. Here’s What You Need to Know
The government will audit 50% more small businesses in 2021. Find out how to avoid an audit after a year filled with pandemic-related tax changes.
Inc.
— — -
Tax Court Denies Deduction for Household Donation
Can you take a charitable deduction when you donate remnants of a house you are deconstructing? It’s a novel approach, but this technique includes a number of potential pitfalls.
AccountingWeb
— — -
IRS tax season 2021: 9 costly mistakes to avoid
Tax season is in full swing. And if you’re tempted to rush through your returns, be careful not to make sloppy mistakes or you could miss out on a larger refund, owe more in taxes or face an audit from the IRS.
USAToday

--

--

--

Each weekday morning, CalCPA reviews major media sources for top headlines and links to news and information vital to CPAs and the businesses and clients they serve.

Recommended from Medium

From potatoes to disrupting Vietnam logistics with Technology & AI

Lidar’s Moment: A Deal for Luminar Shows Private Capital Loves the Tech That Tesla Loves to Hate

Institutional Real Estate Investors Are Betting You’ll Be Back At The Office Real Soon

How One Live Event Hopes to Shape the Future of Entrepreneurship

Automated Revenue Assurance: Helping CSPs Do More

Is Business Process Automation Worth?

Why growing businesses need to automate expense management

3PL Receiving: A High-Level Overview for eCommerce

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
CalCPA

CalCPA

CalCPA is the largest state accounting society in the U.S. We are a community of CPAs leading, connecting and empowering the profession for success in CA.

More from Medium

Tips for building an extra sustainable tiny home

A tiny home.

Is it really possible to achieve and maintain inbox zero?

Around With Randall — Podcaster Interview with Randall Hallett

The Table Read best ebook entertainment celebrity magazine in the uk, Actors, singers, songwriter,
 painters, designers, podcasters, filmmakers, authors. We want to offer a platform to 
 creatives, around the world, readers, 
 with their stories. We work with writers, podcasters, artists, musicians, actors and more. 
 #bookreaderdevice, #bookreaderpen, #ebookreaderuk, #bestebookreaderuk, #Whenreadingfromapaperbook,
 #BooxtabletsareavailableintheUK, #HowtofindthebestfreUKKindlebooks, #bookreaderd

Something’s gotta give

Someone biting a pencil as they look at their laptop