Resources to help you tackle the threats from COVID-19
As the COVID-19 pandemic lingers, we know you still have questions about your financial picture and the resources available to you. From tax credits to disaster assistance loans, you have options—and we can help you make heads or tails of them.
On this page, you’ll find links to external resources, articles and webinars with information to help ease the effects of COVID-19 on your business, organization or personal finances. Check back regularly for updates and new developments.
Most Recent COVID-19 Articles
3 Steps to a Smooth Single Audit
If your nonprofit is like many, you’ve received federal aid in response to the COVID-19 pandemic. This funding provided critical help; however, it might also bring an administrative burden —…
Department of Education Announces Expansion of HEERF Funds and More
The U.S. Department of Education (ED) has announced the availability of an additional $198 million in American Rescue Plan (HEERF) funds for colleges and universities. The agency also clarified and broadened…
Pending Bill Could Ease Local Government Ability to Use ARPA Funds
Local governments struggling to find eligible uses of American Rescue Plan Act (ARPA) fiscal recovery funds might have good news ahead thanks to a recent U.S. Senate vote. The…
Grace Periods, Payments and Calculations: The Latest PRF News
The PRF landscape continues to evolve in the face of the pandemic and various natural disasters. We’ve got the latest developments from the Health Resources & Services Administration (HRSA) regarding…
OSHA Releases ETS on COVID-19 Protection for Healthcare Workers
Let’s be honest; most of us are tired of masking and social distancing to reduce the spread of COVID-19. So when the Centers for Disease Control (CDC) relaxed its guidelines…
New Guidance Announced for Coronavirus Local Fiscal Recovery Funds (FRF)
The Treasury issued guidance on May 24 regarding the distribution of Coronavirus Local Fiscal Recovery Funds (FRF) to non-entitlement units of local government (NEUs). This guidance clarifies how states should…
Has your business been forced to close or pivot due to COVID-19? Learn about the many ways we can assist you.
COVID-19 General Resources
OSHA Releases ETS on COVID-19 Protection for Healthcare Workers
Let’s be honest; most of us are tired of masking and social distancing to reduce the spread of COVID-19. So when the Centers for Disease Control (CDC) relaxed its guidelines…
COBRA Roundup: ARPA Subsidies for Group Healthcare Coverage
Our CPAs take the time to learn about your unique business needs and offer solutions that are designed to save you time and money. Find out more about our outsourced…
American Rescue Plan Extends FFCRA Tax Credit, But Not the Mandate
On March 11, 2021, President Biden officially signed into law the American Rescue Plan Act of 2021 (ARPA). While the ARPA did not extend the mandate to provide leave under…
The American Rescue Plan Act: More Relief for Americans and the Economy
Nearly one year after the COVID-19 pandemic-driven shutdowns began shuttering the economy, Democrats have pushed through another $1.9 trillion stimulus package by narrow margins that has been signed by President…
Employee Protection: OSHA’s New Guidance for COVID-19 Protection
Local and state governments often have differing views on COVID-19 safety in public spaces. This lack of consistency can trickle down to workplaces—leaving employers and employees alike confused about proper…
Straight From the Source: Official COVID-19 Workplace Guidance
Every new day in the coronavirus pandemic brings new challenges to the traditional workplace. Occupancy and staffing restrictions. Mask and PPE guidelines. Procedures for sick leave and contact tracing. Employers…
Tax Updates
New Guidance for Claiming the Employee Retention Credit (ERC)
Employers, take note! New information has been released by the Internal Revenue Service (IRS) regarding eligibility for the employee retention tax credit (ERC). Originally part of the CARES Act in…
Know Your (Relaxed) Limits on Business Interest Deductions
To provide tax relief to businesses suffering during the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act temporarily relaxes the limitation on deductions for business interest expense.…
PPP2 and Moore: Measures of the Consolidated Appropriations Act
The COVID-19 vaccine isn’t the only shot in the arm for 2021. The Consolidated Appropriations Act (CAA) signed into law late last year includes $325 billion in additional Paycheck Protection…
The Top Tax Implications of the Latest COVID-19 Relief
The Top Tax Implications of the Latest COVID-19 Relief It’s hard to ignore the impact COVID-19 legislation has on our tax returns. In our recent webinar, James Moore tax partner…
CARES Act Tax Changes for Real Estate
Alongside numerous provisions for corporations and small businesses, the Coronavirus Aid, Relief, and Economic Security (CARES) Act brings about several key changes for taxpayers operating in the real estate sector.…
Nonprofit Deadline Extensions for Form 990 and Federal Single Audits
Some nonprofits are getting a welcome reprieve in deadline extensions for their Form 990 and federal single audit reports. IRS Form 990 and Similar Forms The Internal Revenue Service (IRS)…
Financial Reporting Updates
3 Steps to a Smooth Single Audit
If your nonprofit is like many, you’ve received federal aid in response to the COVID-19 pandemic. This funding provided critical help; however, it might also bring an administrative burden —…
Department of Education Announces Expansion of HEERF Funds and More
The U.S. Department of Education (ED) has announced the availability of an additional $198 million in American Rescue Plan (HEERF) funds for colleges and universities. The agency also clarified and broadened…
Treasury Issues Long-Awaited Guidance on ARPA Funding and FRF
The U.S. Department of the Treasury issued its long-awaited interim final rule on use of American Rescue Plan Act (ARPA) funding on May 10, 2021. In the two months since…
PPP Loans and Financial Statements: What You Need to Know
As the year draws to a close, your thoughts might turn to preparing your financial statements. If you’ve received a Paycheck Protection Program (PPP) loan, however, you might wonder how…
HEERF – October 2020 Update on Reporting Requirements
The Higher Education Emergency Relief Fund (HEERF) program was created under the CARES Act to provide students and educational institutions with much-needed help during the COVID-19 pandemic. This program was…
It’s Official! GASB Votes to Approve Postponed Effective Dates of Recent Provisions
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,…
Industry Updates
Department of Education Announces Expansion of HEERF Funds and More
The U.S. Department of Education (ED) has announced the availability of an additional $198 million in American Rescue Plan (HEERF) funds for colleges and universities. The agency also clarified and broadened…
Pending Bill Could Ease Local Government Ability to Use ARPA Funds
Local governments struggling to find eligible uses of American Rescue Plan Act (ARPA) fiscal recovery funds might have good news ahead thanks to a recent U.S. Senate vote. The…
Grace Periods, Payments and Calculations: The Latest PRF News
The PRF landscape continues to evolve in the face of the pandemic and various natural disasters. We’ve got the latest developments from the Health Resources & Services Administration (HRSA) regarding…
New Guidance Announced for Coronavirus Local Fiscal Recovery Funds (FRF)
The Treasury issued guidance on May 24 regarding the distribution of Coronavirus Local Fiscal Recovery Funds (FRF) to non-entitlement units of local government (NEUs). This guidance clarifies how states should…
The Latest in Additional HEERF Regulatory Guidance
The Department of Education (DE) has released additional regulatory guidance and an allocation table in an FAQ document about the latest round of Higher Education Relief Fund (HEERF) aid passed…
Treasury Issues Long-Awaited Guidance on ARPA Funding and FRF
The U.S. Department of the Treasury issued its long-awaited interim final rule on use of American Rescue Plan Act (ARPA) funding on May 10, 2021. In the two months since…
