The Internal Revenue Service noted this week proceeds from loans under the Paycheck Protection Program are taxablei if they are improperly forgiven . The IRS issued the guidance recently dealing with forgiveness based on taxpayer misrepresentations or omissions.

Kevin Cumley has retired from the accounting profession after leading the accountants program for Sage Intacct from September 2014 through August this year. The announcement was made this week  in a LinkedIn post

Ryan has acquired OneSource Property Tax from Thomson Reuters.The software line includes a system for managing property tax, including real and personal property.