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How planning can help auto suppliers adapt to parts shortages
Parts shortages have been more challenging to navigate as the auto industry has ramped up production to meet unexpected demand.
Hospitality industry may find relief in new ERC expansions
Despite receipt of PPP loans, hospitality businesses may be eligible for retroactive 2020 and new 2021 credits.
Expanded PPP Guidance and Upcoming Deadlines
On February 22, 2021 the SBA announced important changes to the Paycheck Protection Program. In this video, we will briefly cover first and second draw loans, recent guidance that expands loan eligibility, and approaching deadlines that you need to know.
Donor-advised funds: Accounting implications related to pledges
A discussion of the accounting implications when a donor plans to use a donor-advised fund for a promise to give.
Economic recovery can fuel growth that benefits banks
With the economy on the verge of robust expansion, banking organizations can help businesses grow and benefit themselves.
CAA 2021 Changes to Paid Sick Leave and FSAs
The Consolidated Appropriations Act, 2021 was signed into law late last year, and in this video, we will discuss how the Act affected paid sick and family leave as well as flexible spending accounts.
Cybersecurity issues for plan sponsors
The Department of Labor is working on guidance addressing cybersecurity issues as they relate to plan sponsors and third-party providers.
Partial plan terminations, 2020 and COVID-19
A consequence of COVID-19 reductions is potential partial plan termination. Learn the requirements of a partial plan termination.
Proposed quality management standards
The Auditing Standards Board has issued three proposed new standards for quality management at the firm and engagement levels.
FASB to finalize goodwill impairment triggering event alternative
FASB votes to finalize a goodwill impairment triggering event alternative for private companies and not-for-profit entities.
Expansion of the Employee Retention Tax Credit
The Consolidated Appropriations Act, 2021 made significant changes to the Employee Retention Tax Credit by extending relief to a greater number of employers and increasing the overall tax benefit. In this video, we will provide an overview of the changes and how they apply for the 2020 and 2021 tax years.
Additional updates to Coronavirus: Financial reporting considerations
Our white paper has been updated to reflect recent financial reporting developments resulting from the Coronavirus pandemic.
How nonprofits can better leverage data to drive mission impact
Utilizing data as a tool to drive greater efficiency and better decision-making in your nonprofit organization.
Retirement Report: First Quarter 2021
In this issue, we discuss how to best handle 2021 after a tumultuous 2020. Other topics include labor and workforce, human capital and more.
What You Need To Know About Form 1099-NEC
In 2020, the IRS introduced the Form 1099-NEC for reporting nonemployee compensation. Learn about the form 1099-NEC and how it differs from the form 1099-MISC.