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News

GRF CPAs and Advisors Partner Assumes New Board Positions

GWSCPA Member Firm, GRF CPAs & Advisors (GRF), a full-service professional services firm providing clients with audit, tax, outsourced accounting and advisory solutions, announced today that audit partner Trevor W. Williams, CPA has been elected...

GWSCPA Stands Against Racial Injustice

Our city, and many others, have borne witness this past week to an outcry from Americans condemning acts of racism, inequality, brutality and injustice. It has been at times painful, disheartening, frightening and overwhelming to watch our...

2020 Nonprofit Symposium Call for Speakers

2020 Nonprofit Symposium  Call for Speakers NEW Deadline:  May 15, 2020   For our upcoming 2020 Nonprofit Symposium, we are now seeking submissions of proposed sessions.  We are extending the deadline to give potential speakers more time to...

SBA PPP Loan Program Runs Out of Funding

The SBA Paycheck Protection Program has frozen, as the $349B limit authorized by the CARES Act has been exhausted.  The SBA website says it is "unable to accept new applications at this time".  The SBA had previously said  that once funds were...

SBA Additional PPP Guidance re: Self-employment and Partner Income

The  SBA issued additional guidance for the Paycheck Protection Program, including related to questions on self-employed and partner income. The new guidance specifically discusses loan amounts and loan forgiveness calculations for individuals...

Covid-19 Update: Prometric Extends Closure of Testing Centers

NASBA , AICPA , Prometric and the Boards of Accountancy (Boards) continue to monitor the COVID-19 crisis and have taken the following actions. After closely monitoring the ever-changing events associated with the spread of the COVID-19 virus,...

DC Board of Accountancy CPE Audits

Some of you who are licensed in DC received a notice in the last few days that you were selected for an audit of your CPE records for the period ending Dec. 31, 2018.  This morning the DC Board of Accountancy held a special meeting during which...

CARES Act Rebate Calculator

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Paycheck Protection Program application now available

The Department of Treasury has released the  Paycheck Protection Program application  and supplemental information . The lender guide lists accountants as approved agents of loan applicants.  AICPA and GWSCPA strongly recommend that members...

Update on DC Board of Accountancy and 2020 CPE Reporting Deadline

The District of Columbia Board of Accountancy will consider extension of the CPE reporting period, as well as removing restrictions on the amount of CPE which may be taken as online vs live, when they meet in May. For now, the Board reminds CPAs...

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