Articles & Publications

In response to COVID-19, the Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that allows for a one-year effective date deferral for certain private companies and nonprofits that haven’t yet adopted the revenue recognition and. Read More >>

As we reported last week, the U.S. House of Representatives approved the Paycheck Protection Flexibility Act to help ease loan spending and forgiveness requirements for small businesses under the new Paycheck Protection Program. Last night, the U.S. Senate passed. Read More >>

(June 4, 2020) *UPDATE: Senate Passes House Bill – read article On Thursday, May 28, 2020, the U.S. House of Representatives approved the Paycheck Protection Flexibility Act, H.R. 7010, to help ease loan forgiveness requirements for small businesses under. Read More >>

Late Friday night, the Treasury and the Small Business Administration (SBA) issued 26 pages of new guidance on the Paycheck Protection Program (PPP) forgiveness rules that were issued on May 22. These new Interim Final Rules build upon what. Read More >>

Tod Wagner discusses tax planning in the current environment, including tax law changes and extensions in response to COVID-19. Read More >>

Dale Ruther covers the top 10 questions (and answers) we hear most with the Paycheck Protection Program loans. When is the loan forgiveness period? How do we calculate full-time employees? How does the safe harbor calculation work? What payroll. Read More >>

Dale Ruther breaks down the Paycheck Protection Program into three parts: Where we’ve been, where we’re at now, and where we are going. Read More >>

Jim Merklin discusses how businesses’ and individuals’ benefit plans are being impacted by the SECURE Act AND CARES Act, which was put in place as a result of COVID-19.   Read More >>

On Friday, May 15th the SBA released the PPP loan forgiveness application and instructions. These instructions do provide insight into the direction that SBA is moving with this process; however, this is not the long-awaited forgiveness regulation. Regulations will soon be. Read More >>

There has been a lot of discussions (and news coverage) around businesses with access to liquidity receiving Paycheck Protection Program (PPP) loans. SBA has been addressing these questions in their Paycheck Protection Program Frequently Asked Questions (albeit not very. Read More >>