Blog
OMB Issues COVID Impact Update on Federal Awards
On June 18, 2020, the Office of Management and Budget (OMB) issued a new memorandum, M-20-26... more
Resource
Compensations and Retirement Plans Evolve With You
The suitability of your business’ compensation or retirement plan arrangements is ultimately... more
Blog
Financial Accounting for PPP Loans
UPDATED June 15, 2020 – The AICPA, in consultation with the FASB and the SEC, has released the... 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
Blog
New HSA Contribution Limits Released for 2021
The IRS recently released Revenue Procedure 2020-32, the 2021 annual contribution limits for... 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
Proper Planning for Tracking COVID-19 Related Claims
The circumstances presented by the COVID-19 crisis are unprecedented and have left many... more
May
21
Upcoming Speaking Engagement
Greg Plotts to Host “Frauditing” — Preventing and Detecting Fraud in Your Association Webinar
“Frauditing” —auditing for fraud and abuse—can greatly reduce your nonprofit’s exposure... more
Blog
How Nonprofits Should Account for PPP Loans
Under the CARES Act, certain nonprofit organizations are granted access to loans through the... more
Blog
Impairment Considerations for COVID-19
Goodwill and Intangible Asset Impairment Considerations During the COVID-19 Pandemic As we noted... more
Blog
Nonprofit Organizations: Accounting for Interest-Free Loans
This blog and referenced guidance is not applicable to loans obtained under the Payroll Protection... more
Blog
Planning for Success in Lean Economic Times
Seasoned construction contractors and sub-contractors understand that bullish economic cycles are... more