Articles & Publications

We are excited to announce management and associate promotions across our Northeast Ohio team. Management Promotions Michael S. Bigler, CPA, to Senior Manager, Assurance and Advisory Services. Bigler serves clients in diverse industries, including manufacturing, distribution/supply chain, investment fund,. Read More >>

Our continued efforts with developing and empowering female professionals don’t stop with the members of our firm but expand through the community. We were proud to support and connect professional women in business at our annual networking event at. Read More >>

We are excited to announce that we have been named to the 2021 Best of the Best Firms list by INSIDE Public Accounting (IPA), an award-winning newsletter for the public accounting profession. This is the second consecutive year we’ve. Read More >>

The IRS released Notice 2021-49 on August 4, which amplifies and clarifies guidance from the two previous Employee Retention Credit (ERC) Notices (see here, and here) and provides additional guidance on the American Rescue Plan (ARP) extension of the. Read More >>

In September 2020, the FASB issued Accounting Standards Update 2020-07 (“Update”), Not-for-Profit (nonprofit) Entities (Topic 958) Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets, as the result of concerns regarding the lack of transparency around how a. Read More >>

The U.S. Small Business Administration (SBA) has published new guidance to simplify and speed up the forgiveness process for Paycheck Protection Program (PPP) loans of $150,000 or less. In their 29-page interim final rule (IFR), the SBA is introducing. Read More >>

The Ohio Department of Taxation announced that the 2021 Sales Tax Holiday will start on Friday, August 6, 2021, and end on Sunday, August 8, 2021, at midnight.  During the holiday the following items will be exempt from sales and use. Read More >>

The Employee Retention Credit (ERC) under the March 2020 CARES Act encourages businesses to keep employees on their payroll. With this credit now extended through the end of 2021, the tax credit is 70% of up to $10,000 in. Read More >>

We reported last month that the Small Business Administration (SBA) was planning to withdraw its controversial Loan Necessity Questionnaire for Paycheck Protection Program loans of $2 million or more. In a notice sent July 9, the SBA officially stated. Read More >>

As we noted last month, the Employee Retirement Income Security Act of 1974 (ERISA) requires that employee benefit plans with 100 or more eligible participants are required to have their financial statements audited annually, which should be attached to. Read More >>