IRS Releases Notice Regarding Tax Deductions and PPP Loan Funds
On Thursday, April 30, the IRS released Notice 2020-32. The announcement effectively disallows a tax deduction for any expenses that…
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GASB Calls for Standards Postponement
On April 14, the Governmental Accounting Standards Board (GASB) released a statement proposing the postponement of the effective dates of…
CARES Act FAQ: SBA Economic Injury Disaster Loans
On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus…
CARES Act Signed Into Law
On March 27, 2020, President Trump signed into law a sweeping $2.2 trillion stimulus package designed to abate the economic…
CARES Act FAQ: Retirement Plan Withdrawals
On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus…