Tag: CARES Act

Employee Retention Credit FAQ
FAQ Updates for Employee Retention Credit & Payroll Tax Deferrals

The IRS recently updated its frequently asked questions (FAQs) on the Employee Retention Credit (ERC)…

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PPP Borrowers: Five Steps
Five Things PPP Borrowers Need to Do Now

Borrowers of PPP loans should consider taking the following steps to maximize the amount and…

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Simplified Paycheck Protection Loan Forgiveness
Paycheck Protection Program Loan Forgiveness Simplified

Many small and midsize businesses with Paycheck Protection Program (PPP) loans under the CARES Act…

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Signing Document
Changes Coming to PPP Loan Periods & Forgiveness

A new PPP bill is expected to pass that will extend covered periods and forgiveness…

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PPP Loan Considerations
PPP Loan Considerations and Accounting-Related Issues

Unforeseen consequences may result should companies fail to ensure eligibility under PPP, properly calculate eligible…

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Employee Retention Credit
Have You Considered the Employee Retention Credit?

The employee retention credit may offer tax savings for your business during COVID-19, but it…

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Federal Relief Programs for Businesses
Summary of Federal Relief Available to Businesses of All Sizes

Federal relief available to small, mid-size and large businesses due to COVID-19, including the CARES…

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COVID-19 FAQs: Nonprofit Orgs
COVID-19 FAQs: Nonprofit & Education

Here are some of the most frequently asked questions and resources to help nonprofit and…

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Government Assistance Programs
Leveraging COVID-19 Relief Opportunities: Ready for Scrutiny?

There are critical considerations to ensure government assistance is viable and worthwhile for your organization,…

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Accounting for PPP Loans
Accounting for Paycheck Protection Program (PPP) Loans and Forgiveness

Currently, there is no formal guidance that states how businesses should account for PPP loan…

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