Recent Posts

PPP Guidance Update

The Small Business Administration (SBA), in consultation with the Department of the Treasury, continues to provide additional guidance with respect to the implementation of the Paycheck Protection Program (PPP).  A list of Frequently Asked Questions

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Posted In: Alerts & Advisories, News, Resources

Accounting & Audit Alert – COVID-19: A reminder of why cross-training your accounting staff is key

Imagine this scenario: A company’s controller is hospitalized for the novel coronavirus (COVID-19), and she’s the only person inside the company who knows how its accounting and payroll software works. She also is the only

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Posted In: Alerts & Advisories

PPP & CARES Act Webinar Recording

Last week, our friends at Sapers & Wallack hosted a Town Hall webinar about the SBA Paycheck Protection Program (PPP) and The CARES Act. Managing Partner, Scott Kaplowitch, joined as a panelist to answer questions

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Posted In: Alerts & Advisories, News, Resources

Emerging Tax Alert – SBA extends the PPP repayment deadline for self-certification

The Small Business Administration (SBA) has extended the repayment deadline for Payroll Protection Program (PPP) borrowers that wish to take advantage of the “good faith” self-certification of eligibility option. The deadline is now automatically extended

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Posted In: Alerts & Advisories, News, Resources

Tax Alert- Tax questions related to COVID-19

The coronavirus (COVID-19) pandemic has affected many Americans’ finances. Here are some answers to questions you may have right now. My employer closed the office and I’m working from home. Can I deduct any of

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Posted In: Alerts & Advisories

Accounting & Audit Alert – Benchmarking: Why normalizing adjustments are essential

Financial statements aren’t particularly meaningful without a relevant basis of comparison. There are two types of “benchmarks” that a company’s financials can be compared to — its own historical performance and the performance of other

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Posted In: Alerts & Advisories

IRS Clarifies Question of Deductibility of Expenses that Lead to PPP Loan Forgiveness

The Paycheck Protection Program (PPP) created under the CARES Act provides loans to small businesses. These loans are eligible for full or partial forgiveness if used for payroll and other specific business expenses as defined

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Posted In: Alerts & Advisories, News, Resources

Accounting & Audit Alert – Going, going, gone: Going concern assessments in the midst of COVID-19

The novel coronavirus (COVID-19) pandemic has adversely affected the global economy. Companies of all sizes in all industries are faced with closures of specific locations or complete shutdowns; employee layoffs, furloughs or restrictions on work;

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Posted In: Alerts & Advisories

Scott Kaplowitch on NBC 10 Boston

Our Managing Partner, Scott Kaplowitch, was asked to share his expertise around stimulus checks by NBC 10 Boston. If you didn’t see his interview live, make sure to check it out here.

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Posted In: News, Resources

Tax Alert – Answers to questions you may have about Economic Impact Payments

Millions of eligible Americans have already received their Economic Impact Payments (EIPs) via direct deposit or paper checks, according to the IRS. Others are still waiting. The payments are part of the Coronavirus Aid, Relief,

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Posted In: Alerts & Advisories