News Category: COVID Updates

Photo of PPP Loan Forgiveness application form
September 30, 2020

Timelines for PPP Forgiveness Causing Confusion for Tax Planning

The Paycheck Protection Program (PPP) has provided businesses with much needed relief from the economic impact of the COVID-19 pandemic … Read more…

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September 10, 2020

New PPP Guidance and Next Steps

August was another very busy month in the world of PPP loan forgiveness.  This is the timeline of the information … Read more…

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September 2, 2020

Guidance Provided on Payroll Tax Deferral

Late on Friday, August 28th, the Internal Revenue Service issued guidance on the payroll tax deferral ordered by the President … Read more…

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August 27, 2020

New Audit Requirements Under the HHS Provider Relief Fund

A definitive answer has been provided by the U.S. Department of Health and Human Services (HHS) regarding the audit requirements … Read more…

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August 27, 2020

AICPA Requests Guidance, Clarity on Executive Order for Payroll Tax Deferral

On August 8, President Donald Trump signed an executive order authorizing a temporary payroll tax deferral for American workers. The … Read more…

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August 5, 2020

PPP Loans: Accounting & Financial Reporting Considerations for Business Entities

The Paycheck Protection Program (PPP) has been a savior to many companies, but it has also certainly come with its … Read more…

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August 5, 2020

PPP Loans: Nonprofit Accounting & Reporting Considerations in Accordance with US GAAP

Image of a computer keyboard with a key that reads "PPP Paycheck Protection Program"
July 14, 2020

PPP Loan Application Process Extended

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July 1, 2020

PPP Loan Forgiveness Applications

Image of a computer keyboard with a key that reads "PPP Paycheck Protection Program"
June 25, 2020

Brand New Guidance for PPP Loan Forgiveness