April 7, 2020
Recently the U.S. Department of the Treasury and the Small Business Administration published an online FAQs on the Paycheck Protection Program, the $349 billion small business relief program that is part of the Coronavirus Aid, Relief, and Economic Security Act.
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April 1, 2020
Under the federal Paycheck Protection Program (PPP), small businesses and sole proprietorships affected by the coronavirus pandemic can apply for loans beginning Friday.
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March 30, 2020
The Tennessee Department of Revenue issued Notice #20-07, extending the due date for filing and paying the Business Tax from April 15, 2020 to June 15, 2020.
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March 23, 2020
The U.S. Treasury Department, the IRS and the U.S. Department of Labor recently announced small and midsize employers can begin taking advantage of two new refundable payroll tax credits designed to immediately and fully reimburse them for the cost of providing coronavirus-related leave to their employees.
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March 13, 2020
The IRS recently stated that high-deductible health plans can pay for 2019 Novel Coronavirus-related testing and treatment without jeopardizing their status.
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March 11, 2020
News concerning the coronavirus has dominated the headlines in the past several weeks. Despite the markets’ recent downward trajectory, the overall impact of the virus on professional service firms and the quality of the services they provide is still relatively unknown. That said, from an employment liability perspective, there are some things CPA firms can do to help mitigate the adverse affect on their personnel and employment practices.
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March 11, 2020
Disasters can strike at any time. What would you do if a customer or client is diagnosed with COVID-19 after visiting your office? Are you taking steps to protect your employees?
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October 16, 2019
FASB recently voted unanimously to delay effective dates for private companies and certain other entities for standards on accounting for leases, credit losses and hedging.
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August 19, 2019
So you need to communicate a recommendation quickly to another coworker. Or you need to communicate something complex to your boss. In most cases, you will simply start talking and the person on the receiving end of the message will have to sort through your conversation to get to the core recommendation.
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June 18, 2019
FASB is considering giving accountants at privately held companies and nonprofit organizations an extra two years to implement standards, instead of the one year it sometimes extends them.
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