From long drives with the top down and running more errands to taking a trip with friends or family, there are a lot of great reasons to get behind the wheel this summer. However, it’s important to protect you and your family from summertime drivin...

The tax filing deadline for 2019 tax returns has been extended until July 15 this year due to the COVID-19 pandemic. After your 2019 tax return has been successfully filed with the Internal Revenue Service (IRS), there may still be some issues to bea...

President Donald Trump signed a bill over the weekend re-opening the application window for the Paycheck Protection Program (PPP) until Aug. 8 after being unanimously passed by both the House and Senate. The popular Small Business Administration (SBA...

Hours before the Paycheck Protection Program (PPP) was scheduled to close, the U.S. Senate passed a five-week extension of the program, making Aug. 8 the new deadline to apply for a forgivable loan. This effort provides more time for small businesses...

If you have already taken a required minimum distribution (RMD) from your retirement account in 2020, you should pay attention to the new guidance from the Internal Revenue Service (IRS). According to IRS Notice 2020-51, those who took an RMD in 2020...

The Financial Accounting Standards Board (FASB) recently issued ASU 2020-05 Revenue from Contracts with Customers (Topic 606) and Leases (Topic 842): Effective Dates for Certain Entities, giving private companies and private not-for-profits (NFPs) an...

When the Paycheck Protection Program Flexibility Act (PPPFA) was signed into law, many borrowers were excited to learn they had 24 weeks to spend their loan on forgivable expenses. However, it is critical for borrowers to also evaluate the eight-week...

The Small Business Administration (SBA) has released an easier-to-complete EZ forgiveness application form for certain Paycheck Protection Program (PPP) borrowers to apply for its desirable loan forgiveness opportunity. Although the new form may be e...