Bob Scott

Bob Scott

IRS Names Eight ETACCT Members

Committeee meetingThe Internal Revenue Service has named eight individuals to its Electronic Tax Administration Advisory Committee (ETAAC). The new members have been appointed to three-year terms that start this month.

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BSSF Hires First Biz Development Director

Wendler Eric  Brown Schultz Sheridan & Fritz has hired Eric Wendler as the firm’s first director of business development. He is responsible for developing new business relations with organizations and business owners for the Frederick County, Md.-based accounting firm.

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Improperly Forgiven PPP Loans Taxable

Taxe flagThe 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.

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