Posts Tagged ‘COVID-19’
By Edelstein on June 26, 2020
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
By Edelstein on June 25, 2020
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
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 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 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 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
By Edelstein on May 14, 2020
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
By Edelstein on May 11, 2020
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
By Edelstein on May 7, 2020
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
By Edelstein on May 6, 2020
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