Blog
Paycheck Protection Program Update: Don’t Forget the Forgiveness!
Last Updated: July 5, 2020 The Paycheck Protection Program (PPP) was created on March 27, 2020... more
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FASB Defers Revenue from Contracts with Customers (Topic 606) and Leases (Topic 842)
As a result of COVID-19, the Financial Accounting Standards Board (FASB) issued Accounting... more
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Business Interruption Loss Calculations: Are All Relevant Factors Being Considered?
Lately, there has been a lot of attention on the issue of business interruption claims in the... more
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Senate Passes PPP Flexibility Act of 2020
On June 3, 2020 the U.S. Senate voted unanimously to pass new Paycheck Protection Program (PPP)... more
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Maryland Expands Pass-through Entity Tax to Circumvent Federal SALT Limitation
Maryland has become the most recent state to adopt a workaround to the federal $10,000 state and... more
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New HSA Contribution Limits Released for 2021
The IRS recently released Revenue Procedure 2020-32, the 2021 annual contribution limits for... more
May
28
On-Demand Webinar
Paycheck Protection Program: The Road to Forgiveness
Guidance around the Paycheck Protection Program (PPP) has been fluid, to say the least. As you... more
Blog
Home Office Deduction During COVID-19
Historically, the home office deduction has been available to anyone who has had to work from home... more
Blog
IRS to Permit Mid-Year Health Plan Changes
As part of the Federal Government’s ongoing response to the COVID-19 pandemic, the IRS issued... more
Blog
SBA Releases Guidance on Review of PPP Loans and Extends Safe Harbor Deadline Again
As previously noted, on May 5, 2020, the Small Business Administration (SBA) extended its safe... more
Blog
Need to Return a Stimulus Check?
In the rush to send out stimulus payments, the Internal Revenue Service (IRS) made payments to some... more
Blog
Qualified Improvement Property Changes Under the CARES Act
As businesses and individuals continue to deal with COVID-19 and look to survival and recovery, the... more