New PPP guidance on owner-employee compensation and nonpayroll costs AccountingCARES ActCOVID-19 Insights
September 9, 2020

New PPP guidance on owner-employee compensation and nonpayroll costs

On August 25, 2020, the U.S. Small Business Administration (SBA) and Treasury issued an interim final rule addressing Paycheck Protection…
AICPA provides guidance on PPP forgivable loan accounting Audit & AccountingCARES Act
September 1, 2020

AICPA provides guidance on accounting for forgivable PPP loans

On June 10, 2020 the American Institute of Certified Public Accountants (AICPA) released accounting guidance for Paycheck Protection Program (PPP)…
Congress Votes to Extend the Paycheck Protection Program to August CARES Act
July 7, 2020

Congress Votes to Extend the Paycheck Protection Program to August

On July 4, 2020, President Trump signed into law a bill extending the deadline for eligible small businesses to apply…
SBA issues updated PPP loan forgiveness application CARES Act
July 1, 2020

SBA issues updated PPP loan forgiveness application

On June 17, 2020, the U.S. Small Business Administration (SBA) released an updated version of the Paycheck Protection Program (PPP)…
PPP FAQ CARES Act
June 11, 2020

Paycheck Protection Program (PPP) FAQ

This page has been updated as of June 11th, 2020. Much like the COVID-19 situation as a whole, information surrounding…
PPP loan forgiveness changes on the way as Congress passes bill CARES Act
June 4, 2020

Paycheck Protection Program Flexibility Act (PPPFA) changes the PPP

Published: June 4th, 2020 at 12:45 PM PST | Updated: June 12th, 2020 at 4:06 PM PST On June 5,…
PPP Loan Forgiveness Application - 6 Key Takeaways CARES Act
May 22, 2020

PPP Loan Forgiveness Application: 6 Key Takeaways

On Friday, May 15, 2020, the U.S. Small Business Administration (SBA) released the Paycheck Protection Program (PPP) Loan Forgiveness Application…
SBA releases PPP loan forgiveness application CARES Act
May 18, 2020

SBA releases PPP loan forgiveness application

On Friday May 15, 2020, the U.S. Small Business Administration (SBA), in consultation with the Department of Treasury, announced the…
IRS Expands FAQ on Employee Retention Credits CARES Act
May 15, 2020

IRS Expands FAQ on Employee Retention Credits

On April 29, 2020, the Internal Revenue Service (IRS) offered additional guidance on the employee retention credit (ERC) by significantly…
R&D tax credits as part of the COVID-19 relief strategy for start-ups CARES ActCOVID-19 InsightsR&D Tax Credit
May 8, 2020

R&D Tax Credits as Part of the COVID-19 Relief Strategy for Start-ups

If you are a start-up or small business and you are eligible to claim a research & development (R&D) tax…
Having trouble getting a PPP loan? Fintech may be the way to go. CARES Act
May 6, 2020

Having trouble getting a PPP loan? Fintech may be the way to go.

By now you have likely heard of the Paycheck Protection Program (PPP), an aid program administered by the U.S. Small…
The CARES Act Temporarily Reintroduces NOL Carrybacks CARES Act
April 28, 2020

The CARES Act Temporarily Reintroduces NOL Carrybacks

Published: April 28th, 2020 at 3:18 PM PST | Updated: June 2nd, 2020 at 12:00 PM PST As we continue…
Congress Passes New Bill Delivering Funding to Small Businesses CARES ActCOVID-19 Insights
April 24, 2020

Congress Passes New Bill Delivering Funding to Small Businesses

As anticipated, the U.S. Congress has passed a new coronavirus aid bill to provide relief to small businesses, hospitals and…
Employee Retention Credit CARES Act
April 22, 2020

Utilizing the Employee Retention Credit

Published: April 22nd, 2020 at 8:12 AM PST | Updated: May 15th, 2020 at 10:22 AM PST For more up-to-date…
Maximizing PPP Loan Forgiveness CARES Act
April 17, 2020

Maximizing PPP Loan Forgiveness

Published: April 17th, 2020 at 1:49 PM PST | Updated: May 13th, 2020 at 12:02 PM PST For more information…
Qualified Improvement Property | Goodbye 'Retail Glitch,' Hello Bonus Depreciation CARES Act
April 16, 2020

Qualified Improvement Property: Goodbye ‘Retail Glitch,’ Hello Bonus Depreciation

The Coronavirus Aid, Relief, and Economic Security (CARES) Act passed at the end of March introduced provisions of economic relief,…
CARES Act: Business Tax Provisions CARES Act
April 10, 2020

CARES Act: Business Tax Provisions

On March 27, 2020 Congress officially passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. With a $2.2. trillion…
COVID-19: Relief at the State and Local Level CARES Act
April 10, 2020

COVID-19: Relief at the State and Local Level

While much has been made about the federal tax adjustments and provisions to provide relief during the coronavirus pandemic, there…
CARES Act Provides COVID-19 Impact Relief for Nonprofits CARES ActNot-for-Profit
April 3, 2020

CARES Act Provides COVID-19 Impact Relief for Nonprofits

On March 27, 2020, the House passed and the president signed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security…
CARES Act: Individual Implications CARES Act
April 3, 2020

CARES Act: Individual Tax Implications

On March 27, 2020, the Coronavirus Aid, Relief and Economic Security (CARES) Act, H.R. 748, passed through Congress and received…
CARES Act - Key Takeaways CARES Act
March 31, 2020

CARES Act: Key Takeaways

On March 27, U.S. Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act and President Donald Trump subsequently…
Congress Passes Largest Stimulus Bill in American History CARES Act
March 27, 2020

Congress Passes Largest Stimulus Bill in American History

Following a successful House vote on Friday afternoon, President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES)…