The SEC censured Marcum and it with a $10 million fine while PCAOB nailed the firm for $3 million. The agency painted a picture of a firm with a lack of controls that was overwhelmed by the growth but took no action despite the firms of findings.

 Claims for the Employee Retention Credit are stalling the processing of amended returns for business. The annual report of National Taxpayer Advocate Erin M. Collins said the Internal Revenue Services is in a bind on these returns.

 AccountingSuite has launched Cloud Payroll from AccountingSuite as part of its business software suite of products.