Recent Posts
By Edelstein on June 16, 2020
If you operate a small business, or you’re starting a new one, you probably know you need to keep records of your income and expenses. In particular, you should carefully record your expenses in order
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Posted In: Alerts & Advisories
By Edelstein on June 15, 2020
Outsourcing may appeal to organizations that are currently struggling with mounting overhead costs during the COVID-19 crisis. By outsourcing, you convert certain fixed overhead costs associated with compensating and supporting employees into variable costs that
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Posted In: Alerts & Advisories
By Edelstein on June 12, 2020
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
By Edelstein on June 8, 2020
Many companies struggle to close the books at the end of the month. The month-end close requires accounting personnel to round up data from across the organization. Under normal conditions, this process can strain internal
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Posted In: Alerts & Advisories
By Edelstein on June 5, 2020
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
By Edelstein on June 1, 2020
Private companies and most nonprofits were supposed to implement updated revenue recognition guidance in fiscal year 2019 and updated lease guidance in fiscal year 2021. In the midst of the novel coronavirus (COVID-19) crisis, the
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Posted In: Alerts & Advisories
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