Blog / Articles

Year-End Tax Planning Under a Biden Presidency

Year-End Tax Planning Under a Biden Presidency

On November 7, the Associated Press called the presidential election for former Vice President Joe Biden. The House of Representatives will remain under Democratic control, but control of the Senate is somewhat less certain since the balance of power will be determined in January 2021 following a run-off election for two open Senate seats in Georgia. […]

2021 Cost-Of-Living Adjustments for Qualified Retirement Plans

2021 Cost-Of-Living Adjustments for Qualified Retirement Plans

The government’s annual cost-of-living adjustments (COLA) for 2021 have been announced by the Internal Revenue Service (IRS) and the Social Security Administration (SSA). The COVID-19 pandemic’s continuing impact on the U.S. economy contributed to relatively flat changes in the 2021 COLA amounts as U.S. economic deflation during the first half of 2020 impacted the COLA […]

Managing Cybersecurity Risk

Managing Cybersecurity Risk

Written in collaboration with Michael VanDeventer, CPA, Partner Many organizations still do not have formalized information technology (IT) policies and procedures in place that specifically address cybersecurity risks. Organizational data and assets are at constant risk as cyberattacks have become more frequent, sophisticated and targeted. In addition, amidst the ongoing pandemic, cybersecurity risk has only […]

SBA Releases New Interim Final Rule

SBA Releases New Interim Final Rule

The Small Business Administration (SBA) and the Treasury Department recently released an interim final rule entitled, “Treatment of Owners and Forgiveness of Certain Non payroll Costs.” This rule addresses important guidance related to PPP loan expenses eligible for forgiveness, owner-employee compensation, the eligibility of non payroll costs, including related party rents, and rent-related costs. The […]

The Path to Resilience

The Path to Resilience

Today, business leaders are faced with a highly complex market situation, the likes of which the world hasn’t experienced ever before. Long-standing market downturns, businesses having to shut their doors indefinitely, and an overall paradigm-shift in the way we live our day-to-day lives have all played into an incredibly volatile market situation that not all […]

Getting a Handle on Financial Fraud

Getting a Handle on Financial Fraud

During periods of economic stress, both civil and criminal incidents of fraud tend to rise as businesses face increased financial pressures. The current climate is posing exceptional challenges resulting from COVID-19. Attorneys are more likely than ever to turn to the services of a CPA for support with settlement negotiations and trial testimony in fraud […]

A Sales-Tax Primer for Pandemic-Affected Businesses

A Sales-Tax Primer for Pandemic-Affected Businesses

COVID-19 has triggered many brick-and-mortar entities to either strengthen or create their online presence. This, in turn has forced them to address sales tax complexities they didn’t have to contend with when all sales were local. Understanding Sale Tax Thresholds The internet sales tax requirement is the direct result of the Supreme Court’s ruling in […]

Is the COVID-19 Pandemic Affecting Mergers?

Is the COVID-19 Pandemic Affecting Mergers?

Around the world, businesses are emerging from various pauses and lockdowns, some in better shape than others. Many businesses continue to grow and prosper, and many likely are doing so through a merger or acquisition. Others are looking to merge into or be acquired by other businesses. The M&A market was active before the COVID-19 […]

Loan Forgiveness Made Easy

Loan Forgiveness Made Easy

Paycheck Protection Program Flexibility Act of 2020 (PPPFA) In my last post, I covered the basic changes brought about by the PPPFA which was signed into law on June 5, 2020. Today we’ll do a deeper dive into some of the workings of the forgiveness process, particularly as it relates to the exceptions to the […]

SEARCH & FILTER
  • Filter by

  • Search