COVID-19 Resources Hub

Helping organizations navigate this crisis and plan for the future

COVID-19 Advisory

Our team of dedicated advisors can help you maximize stimulus package benefits and plan for the future. To learn more, please visit our COVID-19 Advisory page.

COVID-19 Blog Library

Please note that the impacts of and the government’s response to COVID-19 are quickly evolving and the subject matter discussed in these publications may change on a daily basis. Contact the author or your Aronson advisor for timely advice.

If you would like to speak with us about how COVID-19 is impacting your business, please email us or call 301.231.6200.

Business Resources

July 8 – Paycheck Protection Program Update: Don’t Forget the Forgiveness!

June 29 – What Can Business Owners Do Now to Prepare for a COVID-19 Business Interruption Claim?

June 5 – Business Interruption Loss Calculations: Are All Relevant Factors Being Considered?

June 4 – Senate Passes PPP Flexibility Act of 2020

May 18 – SBA Releases PPP Loan Forgiveness Application

May 13 – SBA Releases Guidance on Review of PPP Loans and Extends Safe Harbor Deadline Again

May 6 – PPP Safe Harbor Deadline Extended

April 24 – Impairment Considerations for COVID-19

April 22 – Montgomery County, Maryland PHEG Program: $20 Million Fund for Local Businesses, Nonprofits, Retail, and Restaurants

April 20 – Paycheck Protection Program Guidelines for Schedule C Filers

April 15 – Grant and Loan Programs for Small Businesses and Nonprofits You Might Not Be Tracking

April 15 – Business Interruption Coverage Due to COVID-19 Presents Challenges, but States Are Stepping In

April 10 – Phase Two of the Paycheck Protection Program

April 10 – Funding Relief Strategy for Businesses with Defined Benefit Plans in Light of COVID-19

April 9 – FASB Proposal Made to Defer Effective Dates for the New Lease Standard

April 6 – Paycheck Protection Program (PPP) FAQ

April 3 – Maryland Commerce Department, Montgomery County, Prince George’s County, and District of Columbia Announce Disaster Recovery Loan Programs

April 2 – Will COVID-19 Alter Business’s State Tax Footprint?

March 31 – How Will the COVID-19 Crisis Affect the Value of Your Business?

March 27 – Cash Management in the Time of COVID-19

March 23 – SBA Disaster Loan FAQ

March 17 – COVID-19 Business Continuity Checklist

March 17 – Developing a Continuity Plan in Response to Coronavirus

Mergers & Acquisitions



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

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

What Can Business Owners Do Now to Prepare for a COVID-19 Business Interruption Claim?

Though many businesses are reopening, generally in a limited capacity, most are not back to their... more
June 29, 2020

IRS, You’ve Got Mail…Eleven Million Pieces of It

As the Internal Revenue Service (IRS) begins to recall its employees throughout the month of June,... more

A Contractor’s Guide to COVID-19 REAs

Government contracts are priced based on the facts and circumstances existing at the time of... more
June 24, 2020

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

SBA Releases New PPP Forgiveness Applications

The Small Business Administration (SBA) has released a revised Paycheck Protection Program (PPP)... more
June 19, 2020

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

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Helping businesses across industry sectors navigate the COVID-19 crisis and plan for the future.