Many businesses are closed or are limiting third-party access as COVID-19 surges across the United States. These restrictions could still be in place at year end — a time when external auditors traditionally observe physical inventory counts for calendar-year entities.
UPDATE: NOVEMBER 19, 2020
The COVID-19 pandemic has resulted in many people borrowing from their companies’ qualified retirement plans, and the CARES Act provides some temporary rule changes to this loan type.
In response to a New York federal court ruling that invalidated several regulatory provisions of the Families First Coronavirus Response Act (FFCRA), the Department of Labor (DOL) has issued revised
President Trump signed an Executive Order on August 8, 2020, and Treasury issued guidance on August 28, 2020 regarding the deferral of social security tax withheld from the paychecks of employees.
Many employers are trying to understand how the Families First Coronavirus Response Act (FFCRA) paid leave mandates for school closures apply to the various teaching options and schedules as schools reopen.
August 26, 2020
During the COVID-19 crisis, you can’t afford to lose sight of other ongoing risk factors, such as cyberthreats, fraud, emerging competition and natural disasters. A so-called “stress test” can help reveal blind spots that threaten to disrupt your business.
If your business was fortunate enough to get a Paycheck Protection Program (PPP) loan taken out in connection with the COVID-19 crisis, you should be aware of the potential tax implications. PPP basics
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