Posts Tagged ‘COVID-19’

Emerging Tax Alert- Executive action deferring payroll taxes

What does the executive action deferring payroll taxes mean for employers and employees? On August 8, 2020, President Trump signed an executive memorandum that defers an employee’s portion of Social Security and Medicare taxes from

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Reporting CAMs in the COVID-19 era

Starting in 2019, auditors’ reports for certain public companies must contain a new element: critical audit matters (CAMs). The requirement was in effect for audits of large accelerated filers (with market values of $700 million

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Posted In: Alerts & Advisories

COVID-19 Webinar Recording

Last month, Sapers & Wallack hosted a third Town Hall webinar regarding COVID-19 related topics.  Managing Partner, Scott Kaplowitch, was an expert panelist discussing the Paycheck Protection Program (‘PPP’) Loan and forgiveness.  He was joined

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Posted In: Events, Resources

IT Consulting Services: Keeping your workforce healthy

As offices begin to reopen for employees, the top priority is how you’re going to keep your work force safe and healthy.  One item for consideration is screening people for their temperatures.  Did you know

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Posted In: Alerts & Advisories, Resources

5-week PPP extension signed

Over the weekend, President Trump signed a bill extending the Paycheck Protection Program (‘PPP’) application window by 5 weeks. This extension will allow a source of funding for small businesses to remain open until August

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Posted In: Alerts & Advisories, News, Resources

Senate approval of PPP extension

On Tuesday night, the U.S. Senate unanimously passed a five-week extension of the Paycheck Protection Program (PPP), hours before the application window was set to close. Before the extension can take effect, it will need

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Posted In: Alerts & Advisories, News, Resources

Tax Alert- What qualifies as a “coronavirus-related distribution” from a retirement plan?

As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain “coronavirus-related distributions” from their retirement plans without paying tax. So how do you qualify? In

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Posted In: Alerts & Advisories

Scott Kaplowitch to be a panelist on upcoming webinar

On Tuesday, June 30, 2020, Sapers & Wallack will be hosting a third Town Hall webinar in which panelists will share their latest insights around the SBA Paycheck Protection Program (“PPP”) and office re-opening best

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Posted In: Alerts & Advisories, News, Resources

Jason Pierce to present Business Accounting and Risk Mitigation during COVID-19

On Tuesday, June 16, 2020, Partner Jason Pierce will be presenting Business Accounting and Risk Mitigation during COVID-19 for the Business Lawyers Network. During this discussion, Pierce will address the impacts COVID-19 has had on

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Posted In: Events, Resources

Emerging Tax Alert – PPP borrowers get concessions, additional guidance on forgiveness

The U.S. Senate has passed the bipartisan Paycheck Protection Program Flexibility Act of 2020, which loosens several of the Paycheck Protection Program’s (PPP’s) more onerous restrictions regarding loan forgiveness. President Trump has signed the bill

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Posted In: Alerts & Advisories, News, Resources