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Promotions Continue, Even During Pandemic

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Dynamic Audit Solution: Transforming Audits

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NYS Enacts Recreational Cannabis Legalization

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Latest Articles

New York Opens Applications for $125 Million Landlord Relief Fund

By:

Chris Gaetano
|
Oct 8, 2021

New York Gov. Kathy Hochul announced that the state is now taking applications for a $125 million landlord relief fund aimed at helping property owners recover lost rent revenue.
SBA Inspector General Says $4.5 Billion in Pandemic Relief Went to Sole Proprietors Based on Fraudulent or Erroneous Applications

By:

Chris Gaetano
|
Oct 8, 2021

The Office of the Inspector General of the Small Business Administration (SBA) said that the agency improperly sent $4.5 billion of pandemic relief funds to self-employed applicants without Employer Identification Numbers (EINs), including some fraudulently claiming fictitious employees in order to inflate their aid totals.
World Leaders Reach Accord on 15 Percent Global Minimum Corporate Tax

By:

Chris Gaetano
|
Oct 8, 2021

It's official. Leaders of 136 countries have agreed to a deal that imposes a 15 percent global minimum corporate tax, a move intended to discourage venue shopping by firms looking for lower rates.
Congress Closing in on Debt Ceiling Deal

By:

Chris Gaetano
|
Oct 7, 2021

Democrats and Republicans are approaching a deal that will break the weeks-long impasse on the debt ceiling, at least for a little while.
PCAOB Releases Staff Guidance on External Audit Evidence

By:

Chris Gaetano
|
Oct 7, 2021

The Public Company Accounting Oversight Board (PCAOB) released new guidance on evaluating the relevance and reliability of audit evidence from external sources.
EU Officials Expect Decision on Global Minimum Tax Deal by End of Month

By:

Chris Gaetano
|
Oct 6, 2021

European Union officials said that a deal on a global minimum corporate tax is mere "millimeters" away, with some of the last holdouts close to coming around after intense negotiations.
Insurer Estimates Business Insolvencies Will Rise 15 Percent Next Year

By:

Chris Gaetano
|
Oct 6, 2021

While government aid has kept many businesses afloat during the pandemic, the upcoming expiration of many programs has led trade credit insurer Euler Hermes to project that insolvencies will rise by about 15 percent across the globe.
PwC to Allow Unlimited Work From Home, Pay Determined By Geographic Region

By:

Chris Gaetano
|
Oct 5, 2021

Big Four firm PwC announced that, going forward, American employees can remotely work anywhere in the continental United States.
Frustrated With Delays, Treasury Will Claw Back Rental Assistance Funds

By:

Chris Gaetano
|
Oct 5, 2021

The federal government plans to claw back rental assistance funds from organizations that are seen as dragging their feet on distributing the funds to those who need it.
Regulatory Roundup - Sept. 28-Oct. 4

By:

Chris Gaetano
|
Oct 4, 2021

With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA's regular series that collects relevant regulatory announcements from the past week, and puts them in one place to help you stay on top of the issues.

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