Recent Posts

Marc Bello to present at Newburyport Bar Association virtual conference

This year, the Greater Newburyport Bar Association‘s annual New England CLE conference will be held virtually on Wednesday, July 15th and Thursday, July 16th.  Partner, Marc Bello, will be presenting Business Interruption and Its Impact

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Posted In: Events, News, Resources

Jason Pierce to be panelist on Boston Bar Association webinar

On Friday, July 17, 2020, Jason Pierce will be an expert panelist on the Boston Bar Association’s webinar, Sophisticated Financial Issues in Divorce Matters and the Impact of COVID-19. The webinar will discuss: Divorce cases

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Posted In: Alerts & Advisories, 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

Accounting & Audit Alert – Accounting for cloud computing arrangements

The costs to set up cloud computing services can be significant, and many companies would prefer not to immediately expense these setup costs. Updated guidance on accounting for cloud computing costs aims to reduce differences

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Posted In: Alerts & Advisories

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

Accounting & Audit Alert – Establishing your company’s risk appetite

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) recently published new guidance on how companies can promote “risk appetite” as part of decision-making. It’s especially relevant in today’s uncertain marketplace. Digesting the new

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Posted In: Alerts & Advisories

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

Accounting & Audit Alert – Asset impairment is expected to hit 2020 financial statements

Some companies are expected to report impairment losses in fiscal year 2020 because of the COVID-19 crisis. Depending on the nature of your operations and assets, the pandemic could be considered a “triggering event” that

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Posted In: Alerts & Advisories