Hiring independent contractors? Make sure they’re properly classified. As a result of the coronavirus (COVID-19) crisis, your business may be using independent contractors to keep costs low. But you should…
Financial reporting and adjusting your financial statements The Corona-virus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, contains several tax-related provisions for businesses hit…
What are the key distinctions between layoffs and furloughs? Layoffs and furloughs, is it time to decide? As businesses across the country grapple with the economic fallout from the novel…
Economic Impact of COVID-19: IRS announces more relief and details In the midst of the coronavirus (COVID-19) pandemic, Americans are focusing on their health and financial well-being. To help with…
Should You Delay CECL Reporting The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27. Among other economic relief measures, the new law allows…
CARES ACT changes retirement plan and charitable contribution rules As we all try to keep ourselves, our loved ones, and our communities safe from the coronavirus (COVID-19) pandemic. You may…
Your financial statements and the Coronavirus The economic fallout from the coronavirus (COVID-19) pandemic has forced business owners to reevaluate their operations. One place to look for the information you…