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
• Robert Durak, CPA, Director, Private Company Financial Reporting, AICPA
• Kari Hipsak, CPA, CGMA, Senior Manager, AICPA
• Lisa Simpson, CPA, Vice President of Firm Services at the AICPA

Topics:

• Key PPP Developments
  • Ongoing developments around PPP deadlines
  • Status on Lender Processing
• Accounting for PPP

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

Presenters:

• Erik Asgeirsson, President & CEO, CPA.com
• Kristin Esposito, CPA, MST, Dir., Tax Policy & Advocacy, AICPA
• Barry Melancon, CPA, CGMA, President & CEO, AICPA
• Mark Peterson, Executive Vice President, Advocacy, AICPA
• Lisa Simpson, CPA, CGMA, Vice President, Firm Services, AICPA

Topics:

• Updates from Policy Makers
• New Administration
• State of Legislation
• Business Relief
• Tax Extension
• Updates & Recommendations on New Guidance
• New PPP IFR and forms
• New ERC Guidance

Key Insights:

• AICPA President and CEO Barry Melancon talks about the pressures on the IRS and SBA with tax and Paycheck Protection Program (PPP) issues, respectively, and the need for easing some deadlines for CPA firms and their clients.
• Erik Asgeirsson, president and CEO of CPA.com, discusses the state of PPP loan approvals and the SBA's focus on the smallest businesses.
• Lisa Simpson, the AICPA's vice president of firm services, gives the latest updates on PPP guidance.
• Kristin Esposito, the AICPA's director of tax policy and advocacy, talked about the Employee Retention Credit and its interaction with PPP.

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.

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

Presenters:

• Erik Asgeirsson, President & CEO, CPA.com
• Edward S. Karl, CPA, CGMA, VP, Taxation, AICPA
• Mark Peterson, Executive Vice President, Advocacy, AICPA
• Lisa Simpson, CPA, CGMA, VP, Firm Services, AICPA

Topics:

• Legislative & New Administration Update
• SBA & Lender Processing Update
• Latest Updates & Recommendations

Key Insights:

• Erik Asgeirsson, president and CEO of CPA.com notes that, despite ongoing issues with the Paycheck Protection Program (PPP), there is still plenty of money available for small businesses
• Ed Karl, the AICPA's vice president of taxation, talks about the pressures on the IRS and the implications that may have for tax filing deadlines
• Mark Peterson, the AICPA's executive vice president of advocacy, discusses the growing clamor for policymakers to fix the PPP loan application process and other advocacy issues, including professional licensure issues in the states
• Lisa Simpson, the AICPA's vice president of firm services, provides PPP updates and mentions an upcoming AICPA guide on PPP accounting

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

Presenters:

• Erik Asgeirsson, President & CEO, CPA.com
• Amy Wang Miller, CPA, Sr. Manager, Tax Policy & Advocacy, AICPA
• Mark Peterson, Executive Vice President, Advocacy, AICPA
• Lisa Simpson, CPA, CGMA, VP, Firm Services, AICPA
• Cari Weston, CPA, CGMA, Director, Tax Practice & Ethics, AICPA

Topics:

• Legislative Update
• SBA & Lender Processing Update
• Latest Updates & Recommendations
• Hot Tax Topics

Key Insights:

• Erik Asgeirsson, president and CEO of CPA.com and Lisa Simpson, the AICPA's vice president of firm services, discussed the need for more clarity from the SBA on Paycheck Protection Program (PPP) challenges and also offered an update on other PPP developments
• Mark Peterson, the AICPA's executive vice president of advocacy, provided a legislative update
• Cari Weston, the AICPA's director of tax practice and ethics, addressed the Employee Retention Credit and other tax issues, and AICPA Senior Manager Amy Miller discussed cryptocurrency regulations.

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

Presenters:

• Erik Asgeirsson, President & CEO, CPA.com
• Daniel Martini, VP, Congressional Relations, American Bankers Association
• Dixie McCurley, President & Co-Founder
• Carl Peterson, CPA, VP, Small Firms, AICPA
• Lisa Simpson, CPA, CGMA, VP, Firm Services, AICPA

Topics:

• Lender Update Discussion with the ABA
• Latest Updates & Recommendations
• Firm Strategies

Key Insights:

• Daniel Martini, the American Banking Association's vice president of congressional relations, discusses lender activity and SBA system integration issues surrounding the latest Paycheck Protection Program (PPP) application round.
• Erik Asgeirsson, president and CEO of CPA.com, and Lisa Simpson, the AICPA's vice president of firm services, gives the latest updates on PPP developments.
• Carl Peterson, the AICPA's vice president of small firm interests, and Dixie McCurley, principal and co-founder of Trusted CFO Solutions, talk about the view from the ground and the extensive "layering of work" for firms assisting small businesses on PPP, the Employee Retention Credit and upcoming tax matters.

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

Presenters:

• Rohit Arora, CEO and Co-Founder, Biz2Credit
• Erik Asgeirsson, President & CEO, CPA.com
• Barry Melancon, CPA, CGMA, President & CEO, AICPA
• Lisa Simpson, Director, Firm Services, AICPA

Topics:

• PPP Reopening
• Latest Updates & Recommendations
• Lender Update
• 2021 Outlook with Barry Melancon

Key Insights:

• AICPA President and CEO Barry Melancon talks about how the profession can be a "settling voice" for businesses as a new administration grapples with economic recovery and other challenges.
• Lisa Simpson, the AICPA's vice president of firm services, discussed the latest developments on the Paycheck Protection Program, including updated guidance on calculating PPP loan amounts, second draws, and calculating gross receipts.
• Erik Asgeirsson, president and CEO of CPA.com, offers insight on the opening of the latest round of PPP applications to all participating lenders, and what 2021 looks like for further business stimulus plans.

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

Presenters:

• Erik Asgeirsson, President & CEO, CPA.com
• Kristin Esposito, CPA, MST, Dir, Tax Policy & Advocacy, AICPA
• Kari Hipsak, CPA, CGMA, Sr. Manager, AICPA
• Lisa Simpson, Director, Firm Services, AICPA

Topics:

• Update from Washington DC
• Latest PPP Updates & Recommendations
• CPA Loan Portal Demo
• ERC Enhancements and PPP

Key Insights:

• Erik Asgeirsson, president and CEO of CPA.com, and Lisa Simpson, the AICPA's vice president of firm services, provide the latest developments on the Paycheck Protection Program (PPP) leading up to the Jan. 19 opening of the application process to all participating lenders.
• AICPA senior manager Kari Hipsak discusses elements of the CPA Business Funding Portal, a user-friendly tool for handling PPP loan and forgiveness applications. Fintech Biz2Credit, which built the tool with CPA.com, is approved by the SBA to make PPP loans directly to borrowers.
• Kristin Esposito, the AICPA's director of tax policy and advocacy, talks about enhancements to the Employee Retention Credit and how firms can advise clients about the interplay between the credit and PPP.

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

Presenters:

• Erik Asgeirsson, President & CEO, CPA.com
• Lisa Simpson, VP Firm Services, AICPA
• Carl Peterson, VP Small Firms at AICPA
• Edward Karl, VP of Taxation at AICPA
• Jan Lewis, Tax Partner at Haddox Reid Eubank Betts

Topics:

• Update from Washington DC: Legislative, IRS & SBA/Treasury
• Technical Update and Analysis on New Stimulus Bill
• Tax Panel: Readiness, Preparing for 2020 tax filing season
• Small Firm Update
• Insights on Getting Ready for PPP2

Key Insights:

• Erik Asgeirsson, president and CEO of CPA.com, and Lisa Simpson, the AICPA's vice president of firm services, provide the latest developments on the Paycheck Protection Program (PPP) leading up to the Jan. 19 opening of the application process to all participating lenders.
• AICPA senior manager Kari Hipsak discusses elements of the CPA Business Funding Portal, a user-friendly tool for handling PPP loan and forgiveness applications. Fintech Biz2Credit, which built the tool with CPA.com, is approved by the SBA to make PPP loans directly to borrowers.
• Kristin Esposito, the AICPA's director of tax policy and advocacy, talks about enhancements to the Employee Retention Credit and how firms can advise clients about the interplay between the credit and PPP.

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

Presenters:

• Erik Asgeirsson, President & CEO, CPA.com
• Lisa Simpson, VP Firm Services, AICPA

Topics:

• Overview of $900B Stimulus Act Timeline
• Opportunity to Approach PPP2 Differently
• PPP provisions in Consolidated Appropriations Act, 2021
• PPP Loan Forgiveness
• PPP2 - Lender & Agent Fees
• Engagement Letters
• PPP Lending Options
• PPP2 Client Support
• PPP2 Loan Application Process
• Resources