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Category: COVID-19

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COVID-19 Relief Update

The Small Business Administration (SBA) has recently released updates regarding the Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program (PPP). See the links below

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Financial Reporting Update

The Financial Accounting Standards Board (FASB) met yesterday, May 20, and made a tentative decision to extend the effective dates for the new revenue recognition

PPP Forgiveness Application Draft

PPP Forgiveness Update A first draft of the PPP loan forgiveness application (PDF link) has been released. As with everything related to this program, we

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Paycheck Protection Program SBA Updates

Eligibility On March 27, 2020 President Trump signed into law the CARES Act which included the Paycheck Protection Program (PPP) loan provisions designed to help

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IRS Extends More Tax Deadlines

The Treasury Department and IRS have provided additional relief to taxpayers for a variety of tax forms and payments. Some of the highlights include: Previously,