10 Considerations to Secure Capital and Gain Relief in Light of COVID-19
While the pandemic has slowed economic activity for the near term, there are ways you can improve your organization’s financial position and potentially access loan capital.
National Emergency Declaration: Permits Employers to Provide Tax-Free Financial Assistance to Employees
The President declared a national emergency on March 13, 2020 and invoked the Robert T. Stafford Disaster Relief and Emergency Assistance Act (Declaration) in response to the COVID-19 pandemic.
IRS Extends April 15th Payments for 90 Days – More Guidance Needed
In an effort to provide relief to taxpayers, the Treasury Department issued IRS Notice 2020-17 on March 19, 2020.
Coronavirus – Considerations for Hospitality Accounting
The COVID-19 pandemic has resulted in substantial volatility in the global economy.
States Start to Provide Guidance on Upcoming Tax Deadlines
COVID-19 may not be going away soon, but state income tax deadlines, including the upcoming April 15 deadline, need to be addressed.
IRS Provides Guidance on the April 15th Deadline for Taxpayers
After several days of speculating, Treasury Secretary Steven Mnuchin announced on March 17, 2020 that the IRS will postpone the April 15th tax payment deadline for millions of U.S. taxpayers and, thus, waive interest and penalty charges for 90 days past this date for individual taxpayers who owe up to $1 million in tax and for corporations who may owe up to $10 million.
27 Practical Ideas to Help Keep Your Organization Up and Running During the Pandemic
Businesses are now formulating and re-formulating plans to deal with the COVID-19 pandemic.
Cyber Roundup – March 2020
With the exception of the last bulleted item about the proposed federal Data Protection Agency, this month’s edition of Cyber Roundup soberly sets out various cybercrimes that are morphing into even more destructive acts, resulting in ever-expanding harm to businesses and individuals.
Factoring Coronavirus into Your Business Continuity Plan
We work with for-profit, not-for-profit and governmental clients, and the majority of these organizations have either a business continuity and/or disaster recovery plan in-place.
Dealing with the Cybersecurity Challenges of Coronavirus
The coronavirus has grabbed the attention of the world by inciting fear and uncertainty into people’s lives and bringing into question the operational stability of a business should employees be unable to leave their homes.
Tax Relief Now Available for Certain Americans Who Want to Give Up Their U.S. Citizenship
According to recent government statistics, there are roughly nine million U.S. citizens living outside the U.S., many of whom are citizens by birth but have little or no family or economic ties to this country.
SEC Proposes Amendments to MD&A Section of Regulation S-K
The Securities and Exchange Commission (SEC) recently issued proposed amendments to modernize and eliminate certain duplicative registrant disclosures in Regulation S-K.