If your business or organization pays contract workers (nonemployees) to render services, take note. The 2020 tax year brings reporting changes regarding nonemployee compensation (NEC) reporting. NEC is money you [...]
Governments have been challenged by the COVID-19 pandemic—and the Governmental Accounting Standards Board (GASB) has provided some relief. Thursday morning, the GASB officially approved the framework of Statement No. 95, [...]
With the COVID-19 pandemic sweeping the nation, many industry conferences have been postponed or canceled—resulting in fewer opportunities for continuing professional education. And with such uncertain times, government CPE is [...]
Much of the media attention regarding the CARES Act has been paid to provisions helping individuals and small businesses. However, there are also opportunities available for local government relief. We’ve [...]
On March 16, 2020, Florida Governor Ron DeSantis activated the Florida Small Business Emergency Bridge Loan Program. This action will provide short-term, interest-free loans to small businesses that have been [...]
The Governmental Accounting Standards Board (GASB) has issued Implementation Guide No. 2019-3 to clarify and elaborate on the requirements of Statement No. 87, Leases. Statement 87, released in June of [...]