The Paycheck Protection Program (PPP) Loan Forgiveness Application has finally arrived. It is 11 pages, and has the look and […]
New York State recently announced an economic recovery loan program for small businesses, not-for-profit (NFP) organizations, and small landlords (50 units or less) that have seen a loss of rental income.
At its meeting on Wednesday, May 20, 2020, the Financial Accounting Standards Board (FASB or Board) voted on or clarified three issues involving the standards for: revenue recognition, leases, and contributions received and made.
Just as certain insurance companies have given credits or refunds for car insurance premiums because of the lack of usage […]
Since the release of the Paycheck Protection Program (PPP) Loan Forgiveness Application (Application), there have been hundreds of articles detailing the specifics of the Application and the information it provides on costs eligible for forgiveness.
On May 18, 2020, while most Paycheck Protection Program (PPP) participants were studying the Loan Forgiveness Application released on May 15, 2020, the U.S. Small Business Administration (SBA) issued an Interim Final Rule (IFR) on Treatment of Entities with Foreign Affiliates.
Like Alice’s trip down the rabbit hole in Lewis Carroll’s famous 1865 novel, the Paycheck Protection Program (PPP) has been filled with surprising, strange and sometimes frightful twists and turns.
In the time before the coronavirus outbreak – which seems so long ago ‒ companies were addressing state tax considerations of their mobile workforces
A significant amount of information pertaining to relief afforded retirement plans has previously been issued by the Internal Revenue Service and Department of Labor which was previously reported upon by us in a prior Alert.
In this reference guide, we have outlined the numerous COVID-19 Related Assistance Programs designed to immediately put cash into the hands of businesses across the country.