Archive for May, 2020
By Edelstein on May 26, 2020
Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external auditors are no exception. Fortunately, in recent years, most audit firms have been investing in technology
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Posted In: Alerts & Advisories
By Michael Bisso on May 21, 2020
Returning to the office after an extended amount of time out is stressful. Voicemail, email, meetings, catching up etc. can be a daunting task. Adding a return to the office during or after a pandemic
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Posted In: Alerts & Advisories, Resources
By Kate Rooney on May 19, 2020
In times like these, it helps to refresh what we know on two important topics: retirement planning and Required Minimum Distributions (“RMDs”). Recent legislative developments and the COVID-19 pandemic response have created opportunities with these
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Posted In: Alerts & Advisories, Articles, Resources
By Edelstein on May 18, 2020
On May 15, 2020, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application. This application includes instructions in full detail as well
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Posted In: Alerts & Advisories, News, Resources
By Edelstein on May 14, 2020
The Small Business Administration (SBA), in consultation with the Department of the Treasury, continues to provide additional guidance with respect to the implementation of the Paycheck Protection Program (PPP). A list of Frequently Asked Questions
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Posted In: Alerts & Advisories, News, Resources
By Edelstein on May 11, 2020
Imagine this scenario: A company’s controller is hospitalized for the novel coronavirus (COVID-19), and she’s the only person inside the company who knows how its accounting and payroll software works. She also is the only
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Posted In: Alerts & Advisories
By Edelstein on May 8, 2020
Last week, our friends at Sapers & Wallack hosted a Town Hall webinar about the SBA Paycheck Protection Program (PPP) and The CARES Act. Managing Partner, Scott Kaplowitch, joined as a panelist to answer questions
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Posted In: Alerts & Advisories, News, Resources
By Edelstein on May 7, 2020
The Small Business Administration (SBA) has extended the repayment deadline for Payroll Protection Program (PPP) borrowers that wish to take advantage of the “good faith” self-certification of eligibility option. The deadline is now automatically extended
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Posted In: Alerts & Advisories, News, Resources
By Edelstein on May 6, 2020
The coronavirus (COVID-19) pandemic has affected many Americans’ finances. Here are some answers to questions you may have right now. My employer closed the office and I’m working from home. Can I deduct any of
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Posted In: Alerts & Advisories
By Edelstein on May 4, 2020
Financial statements aren’t particularly meaningful without a relevant basis of comparison. There are two types of “benchmarks” that a company’s financials can be compared to — its own historical performance and the performance of other
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Posted In: Alerts & Advisories