Articles

The Financial Accounting Standards Board (FASB) recently issued Accounting Standards Update (ASU) 2020-06 Debt – Debt with Conversion and Other Options and Derivatives and Hedging – Contracts in Entity’s Own Equity.

With each passing day, more and more Paycheck Protection Program (PPP) borrowers are focusing on loan forgiveness. Since the program first launched, we have worked with hundreds of borrowers, initially on the loan application process, and then since early June, on loan forgiveness.

As you know, PPP support for small and mid-sized businesses was introduced on April 3, 2020. In less than two weeks, […]

The U.S. Department of Health & Human Services (HHS) expects to distribute $15 billion to eligible providers through the CARES Act Provider Relief Fund (PRF).

The COVID-19 pandemic has necessitated one of the most pervasive adjustments that a business has to face: operating in a remote environment.

As you can see, cybercrimes go on ‒ pandemic or no pandemic. It’s way too early to start opining on what the historical, economic, cultural and social effects it will have on our lives.

Not only has the Corona Aid, Relief, and Economic Security (CARES) Act passed last March injected trillions of dollars into the economy via the Paycheck Protection Program and the economic stimulus payments, it has also made an important, and very beneficial, change to the required mandatory distribution (RMD) law in 2020 for IRAs and defined contribution plans. In June, IRS Notice 2020-51 clarified some open issues.

The Treasury recently released final regulations regarding the application of the deduction for foreign derived intangible income (FDII).

Direct-to-consumer (DTC) brands have flourished in recent years. Many companies, including both well established and insurgent brands, are choosing to bypass intermediary channels and take their product directly to the customer.

Today, President Trump signed four executive orders aimed at extending COVID-19 relief provisions as lawmakers continue to be unable to reach an agreement.

New York City (NYC) imposes unique taxes that often surprise NYC business owners. These include the Commercial Rent Tax and Real Property Transfer Tax.

Under emergency declarations, FEMA’s Public Assistance program is available to reimburse certain Private Non-Profit (PNP) Organizations for eligible emergency protective measures carried out under the direction or guidance of public health officials.