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Over the last few weeks, we have remained silent and listened to voices that needed to be heard. We’ve watched […]
Mid-Year Changes to Health Coverage and Dependent Care Elections Permitted by IRS
Coronavirus (COVID-19) Resources, Human Resources
The Internal Revenue Service (IRS) announced via Notice 2020-29 in May 2020 that it is allowing additional flexibility pertaining to […]
Accounting for COVID-19 Inspired Premium Relief – UPDATED
Coronavirus (COVID-19) Resources, Property & Casualty Insurance
UPDATED: June 19. 2020 at 1:30 PM We previously communicated that the NAIC Statutory Accounting Principles (E) Working Group (SAPWG) […]
USDA Coronavirus Food Assistance Program Provides Assistance to America’s Farmers
Agriculture, Coronavirus (COVID-19) Resources
On May 19, 2020, U.S. Secretary of Agriculture Sonny Perdue announced the Coronavirus Food Assistance Program (CFAP). The CFAP will […]
Paycheck Protection Program Update: Borrowers Allowed More Time
Coronavirus (COVID-19) Resources
UPDATED: June 8. 2020 at 11:24 AM House Bill H.R. 7010, The Paycheck Protection Flexibility Act (the Act), was passed […]
Major Audit Standard Change Delayed One Year For Employee Benefit Plan Audits
Coronavirus (COVID-19) Resources, Employee Benefit Plans
Due to the impact that COVID-19 has had on our economy, the AICPA Auditing Standards Board voted to defer the […]
Paycheck Protection Program Loan Forgiveness Application & Webinar
Coronavirus (COVID-19) Resources
On Thursday, May 28, 2020 from 10:00 AM – 11:30 AM on the PPP loan forgiveness application. To view the […]
Pass-Through Tax for SALT Cap in Maryland
Coronavirus (COVID-19) Resources, Tax Planning & Compliance
Maryland has become the seventh state to give members of pass-through businesses the option of paying income taxes at their […]
FASB Delays Revenue Recognition and Lease Accounting Effective Dates
Accounting & Auditing, Coronavirus (COVID-19) Resources
Updated: June 4, 2020 at 12:30 PM On Wednesday, May 20, 2020, the Financial Accounting Standards Board (FASB) voted to […]