Preview Mode Links will not work in preview mode

Welcome to the AICPA Town Hall Series, your resource for the latest news on the most pressing issues facing the accounting profession. 

Join us Live, Thursdays at 3pm ET. Register here >>

  1. All Episodes
  2. AICPA Town Hall Series – February 26, 2021 Special Edition

AICPA Town Hall Series – February 26, 2021 Special Edition

Feb 26, 2021

The AICPA Town Hall Series provides the latest news and updates on pressing issues facing the accounting profession.

Presenters:

  • Erik Asgeirsson, President & CEO of CPA.com
  • Lisa Simpson, CPA, Vice President of Firm Services at the AICPA

Topics:

  • Review of recent White House changes to the PPP
  • SBA & Lender Processing Update
  • IRS Tax Filing Deadline Update
  • PPP Resources to Guide Firms

Key Insights:

Erik Asgeirsson, President & CEO of CPA.com, and Lisa Simpson, the AICPA’s vice president of firm services, reviewed recent White House changes to the PPP, including information on a key change in calculating loan amount for self-employed Form 1040 Schedule C filers, a designated window for the smallest borrowers to apply and expanded eligibility requirements. They also provided an update on the AICPA’s advocacy efforts surrounding the IRS tax filing deadline.