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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
Blog

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
June 8, 2020
Blog

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
June 5, 2020
Blog

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
June 4, 2020
Blog

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
May 26, 2020
Blog

New HSA Contribution Limits Released for 2021

The IRS recently released Revenue Procedure 2020-32, the 2021 annual contribution limits for... more
May 21, 2020
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
May 18, 2020
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
May 13, 2020
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
May 13, 2020
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
May 7, 2020
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
May 7, 2020