PPP Loan Forgiveness–One Step Closer
The much awaited Paycheck Protection Program Loan forgiveness application revision is now available! The current application, issued June…
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Accounting for Paycheck Protection Program Forgiveness
On Wednesday, June 10, 2020, the AICPA published Technical Questions and Answers (TQA) 3200.18, Borrower Accounting for a…
Paycheck Protection Program Flexibility Act
Last night, on June 3, 2020, the Senate passed a bill which was passed in the House last…
May 27 Update on PPP Loan Forgiveness: DHJJ Urges Caution at This Time
For our readers who are closely following developments in PPP Loan forgiveness, we offer a brief update. Officially…
What is an ABLE Account? Everything You Need to Know
Achieving a Better Life Experience Act Achieving a Better Life Experience Act of 2014, or the ABLE Act…
SBA Issues PPP Loan Guidance on Good-Faith Certification
There has been much discussion pertaining to the required good-faith certification necessary for the PPP loan request. This…
Required Minimum Distributions Provisions in the CARES Act
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides for a variety of measures to aid the…
Employee Benefit Plans Have New Audit Standards
Employee benefit plans have new audit standards ensuring plans meet reporting requirements. This new AICPA standard, issued in…