Archive for April, 2020

Accounting & Audit Alert – Going, going, gone: Going concern assessments in the midst of COVID-19

The novel coronavirus (COVID-19) pandemic has adversely affected the global economy. Companies of all sizes in all industries are faced with closures of specific locations or complete shutdowns; employee layoffs, furloughs or restrictions on work;

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Posted In: Alerts & Advisories

Scott Kaplowitch on NBC 10 Boston

Our Managing Partner, Scott Kaplowitch, was asked to share his expertise around stimulus checks by NBC 10 Boston. If you didn’t see his interview live, make sure to check it out here.

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Posted In: News, Resources

Tax Alert – Answers to questions you may have about Economic Impact Payments

Millions of eligible Americans have already received their Economic Impact Payments (EIPs) via direct deposit or paper checks, according to the IRS. Others are still waiting. The payments are part of the Coronavirus Aid, Relief,

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Posted In: Alerts & Advisories

Marc Bello presents Impact of COVID-19 on Business Valuations for Divorce Webinar

On Wednesday, April 29, 2020, Business Valuation partner, Marc Bello, will be presenting the Impact of COVID-19 on Business Valuations for Divorce. The Greater Newburyport Bar Association has put together this webinar opportunity to share

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Posted In: Alerts & Advisories, Events, Resources

Accounting & Audit Alert – Adjusting your financial statements for COVID-19 tax relief measures

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, contains several tax-related provisions for businesses hit by the novel coronavirus (COVID-19) crisis. Those provisions will also have an impact

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Posted In: Alerts & Advisories

Scott Kaplowitch on WHDH Channel 7 News

Last night, Managing Partner Scott Kaplowitch, shared some helpful insights about stimulus checks on WHDH Channel 7 News Boston. If you didn’t catch this interview live, be sure to check it out here.

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Posted In: Alerts & Advisories, News, Resources

Emerging Tax Alert – The IRS announces new COVID-19-related assistance for taxpayers

The IRS and the U.S. Department of Treasury have announced new relief for federal taxpayers affected by the coronavirus (COVID-19) pandemic. The IRS had already extended certain deadlines to file and pay federal income taxes

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Posted In: Alerts & Advisories

Accounting & Audit Alert – Questions to ask when making COVID-19 risk disclosures

Efforts to contain the spread of the novel coronavirus (COVID-19) have led to suspension of many economic activities, putting unprecedented strain on businesses. The Securities and Exchange Commission (SEC) recently issued guidance to help public

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Posted In: Alerts & Advisories

Tax Alert- CARES ACT changes retirement plan and charitable contribution rules

As we all try to keep ourselves, our loved ones, and our communities safe from the coronavirus (COVID-19) pandemic, you may be wondering about some of the recent tax changes that were part of a

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Posted In: Alerts & Advisories

COVID-19 Relief Comparison Chart

The volume of news and articles on coronavirus relief options is overwhelming for many business owners. It is difficult to understand which options are best or applicable to your company. Our COVID-19 Relief Comparison Chart

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Posted In: News, Resources