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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
June 23, 2020
Resource

Compensations and Retirement Plans Evolve With You

The suitability of your business’ compensation or retirement plan arrangements is ultimately... more
June 15, 2020
Blog

Financial Accounting for PPP Loans

UPDATED June 15, 2020 – The AICPA, in consultation with the FASB and the SEC, has released the... more
June 15, 2020
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

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
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

Proper Planning for Tracking COVID-19 Related Claims

The circumstances presented by the COVID-19 crisis are unprecedented and have left many... more
April 24, 2020
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
April 24, 2020
Blog

Impairment Considerations for COVID-19

Goodwill and Intangible Asset Impairment Considerations During the COVID-19 Pandemic As we noted... more
April 24, 2020
Blog

Nonprofit Organizations: Accounting for Interest-Free Loans

This blog and referenced guidance is not applicable to loans obtained under the Payroll Protection... more
April 24, 2020
Blog

Planning for Success in Lean Economic Times

Seasoned construction contractors and sub-contractors understand that bullish economic cycles are... more
April 23, 2020