The world of cybersecurity is constantly changing. As soon as you feel content with your controls and processes, a new threat arises or new requirements are published. This article summarizes the FSA's recent letter concerning Controlled Unclassified Information (CUI) and the related cybersecurity requirement.
Having trouble understanding the Employee Retention Tax Credit? You're not alone. Luckily, Kaydee Ruppert, Dean Dorton Accounting & Financial Outsourcing Manager, put together a short guide to help you navigate and maximize the opportunity presented by the ETRC.
Kentucky General Assembly makes expenses paid with Paycheck Protection Program (PPP) loans deductible
On Friday, March 12, 2021, the Kentucky General Assembly passed House Bill 278, providing deductibility for Kentucky tax purposes of expenses paid with PPP loans. The same bill provides for the exclusion from taxable income and deductibility of expenses paid with Economic Injury Disaster Loan advances.
The third round of significant COVID-19 stimulus funding was signed into law on March 11, 2021. The American Rescue Plan provides more money for Shuttered Venue Operator Grants and relief for venue operators from the looming deadline for Paycheck Protection Program loans.
The American Rescue Plan Act addresses a plethora of issues and industries, from vaccinations and testing to schools and airlines. It also provides much needed relief for the beleaguered restaurant industry through Restaurant Revitalization Grants.
American Rescue Plan extends the employee retention credit and tax credits for paid sick and family leave
The third round of significant COVID-19 stimulus funding was signed into law on March 11, 2021. The American Rescue Plan includes many items, including extensions of the ERC and tax credits for paid sick and family leave, the focus of this article.
The American Rescue Plan expands eligibility for Paycheck Protection Program loans to several types of organizations, including labor unions and agricultural organizations, and adds $7.5 billion in funding for those entities. Qualifying organizations must act quickly as the application deadline is March 31, 2021.
The third round of significant COVID-19 stimulus funding was signed into law on March 11, 2021. The American Rescue Plan Act of 2021 (ARP) includes various items, including aid for vaccinations and testing, state and local governments, schools, rental assistance, agriculture, and the airline industry. This article focuses on the higher education components.
In this webinar recording, Lance Mann, Assurance Director, covers significant new requirements that will impact higher education Single Audits performed under Uniform Grant Guidance.
Act Immediately to Get a Paycheck Protection Program Loan.
The deadline for Paycheck Protection Program (PPP) loans is March 31, 2021, and many lenders will quit accepting applications as early as next week to process what is in their pipeline. For these reasons, it is imperative that any business or organization that qualifies for a PPP loan, first or second draw, apply immediately.