CARES Act, Part II: How to Prepare

CARES Act, Part II: How to Prepare

The Federal Government is set to implement legislation that would allow more money to flow once again to small businesses affected by COVID-19–$322 billion more including $60 billion set aside for smaller lenders like community banks and credit unions. $60...
CARES Act, Part II: How to Prepare

A Message From Our Partners

We are reaching out to simply let you know that all of us are thinking of you during these unprecedented times. Life has we know it has been challenged and changed: the new work environment shared with fury four-legged pets and “office mates” who know you...
CARES Act, Part II: How to Prepare

Deferral of Payroll Taxes

The IRS has clarified ability to defer paying the employer share of payroll taxes.  It was previously understood that you could not defer payroll taxes if you participated in the Payroll Protection Program (PPP). However, you are now able to participate and defer...
CARES Act, Part II: How to Prepare

FASB Considers Accounting Relief During COVID-19 Pandemic

The Financial Accounting Standards Board (FASB) held a public meeting on April 8, 2020 to approve measures intended to provide stakeholders with accounting relief and clarity during the COVID-19 crisis. In the coming days, the FASB will issue a proposal to provide...
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