Published November 19, 2020 – On Thursday (November 19, 2020) the Internal Revenue Service provided clarification on the Paycheck Protection Program (PPP) and the taxability…read more
Published November 17, 2020 – One aspect of the current pandemic and subsequent business layoffs and furloughs that is not being talked about very much…read more
November 2020 – Outsourcing is the common practice of contracting business functions and processes to third-party professionals. The benefits of outsourcing some or all of…read more
October 2, 2020 – Section 1102 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 created the Paycheck Protection Program (PPP) to…read more
Published September 23, 2020 – As a result of the coronavirus pandemic, the AICPA Accounting Standards Board has decided to delay the effective date, by…read more
Originally published September 3, 2019; updated September 21, 2020 – Financial experts predict that the economy is due for a global slowdown, which will present…read more
September 11, 2020 – Since many companies have had to furlough or layoff their employees in 2020 as a result of COVID 19, there could…read more
September 10, 2020 – In response to the Coronavirus Pandemic, the Financial Accounting Standards Board has proposed the deferral of the lease accounting standard effective…read more
Published September 2, 2020 – The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law in March 2020, and related follow-on legislation appropriated…read more
Published July 15, 2020. On July 11, 2020, The Small Business Administration (SBA) announced it would be no longer be granting advances under the Economic…read more