Pub 2 2020 Issue 4

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CPA Insider: Tax News From The IRS

Keeping up with changes has been difficult, with the 2020 tax season lasting so (impossibly) long. And then, throughout the extra-long tax season, the Paycheck Protection Program (PPP) loans consumed our time and energy. With these urgent distractions, we didn’t have much time to keep up with news from the IRS. Here are a few items of interest for you and your clients.

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President’s Message: Foundation Breaks Scholarship Funding Record Once Again

Since 1976, the Foundation of the Nebraska Society of CPAs has been continuously increasing its commitment to help Nebraska college and university accounting students become future Nebraska CPAs. At its recent meeting, the Foundation Board of Trustees approved a record total of $128,600 in scholarships to 72 accounting students at 14 Nebraska colleges and universities …

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