At RubinBrown, we provide valuable insights and host engaging, virtual and in-person events to keep you informed and connected to the topics and industries that matter most to you.
At RubinBrown, we provide valuable insights and host engaging, virtual and in-person events to keep you informed and connected to the topics and industries that matter most to you.
On August 24, 2020, the Small Business Administration (SBA) published an Interim Final Rule (IFR), governing forgiveness of Paycheck Protection Program (PPP) loans.
Learn moreOn August 14, 2020, a notice detailing the timing of future reporting requirements was released for recipients of payments exceeding $10,000 or more in the aggregate from the Provider Relief Fund (PRF).
Learn moreRecently, the IRS has stopped mailing three types of notices: CP501, CP503 and CP504. These notices typically go to taxpayers who have a balance due on their taxes.
Learn moreOn July 21, 2020, the FBI issued a Private Industry Notification (PIN 20200721-001) describing an industry and academic study performed on a set of self-certified ELDs identifying a number of security vulnerabilities.
Learn moreIn the near future, daily fantasy sports entry fees could be considered wagers and subject to the federal excise tax.
Learn moreOn August 4, 2020, the Small Business Administration (SBA) published 20 new Frequently Asked Questions (FAQs) governing forgiveness of Paycheck Protection Program (PPP) loans.
Learn moreThe Department of Education (ED) released a proposed data collection form for the Higher Education Emergency Relief Fund (HEERF) on July 29, 2020.
Learn moreThis week, Missouri Governor Mike Parson announced the Non-Profit Relief and Recovery Grant program.
Learn moreThe American Institute of Certified Public Accountants (AICPA) recently issued a nonauthoritative document, FAQs – State and Local Government Financial Statement Accounting and Auditing Matters and Auditor Reporting Issues Related to COVID-19, for the use of auditors and preparers of financial statements in accordance with Governmental Accounting Standards issued by the Governmental Accounting Standards Board (GASB).
Learn moreOn July 10, 2020 the US Department of Health and Human Services (HHS) announced that dentists may now apply for the financial assistance through the Enhanced Provider Relief Fund Payment Portal.
Learn moreDue to the impact of the coronavirus (COVID-19) pandemic, the Department of Education extended due dates for certain reports to be submitted or disclosures made available to the public required by institutions of higher education via their Electronic Announcement 2020-07-10.
Learn moreAs the June 30, 2020 deadline for acquiring a Paycheck Protection Program Loan (PPP Loan) approaches, borrowers remain faced with a number of details that may impact PPP Loan forgiveness.
Learn moreOn June 9th, 2020, the US Department of Health and Human Services (HHS) announced an expansion of its Provider Relief Fund.
Learn moreThe IRS recently published Notice 2020-43, which proposes two new methods for reporting partner capital accounts on partnership returns (Form 1065 or Form 8865) and requests comments on the proposed methods.
Learn moreOn Wednesday June 3, 2020 the Senate passed H.R. 7010 which modifies “certain provisions related to the forgiveness of loans under the paycheck protection program” (PPP Loans).
Learn moreThe FASB has issued ASU 2020-05, Revenue from Contracts with Customers (Topic 606) and Leases (Topic 842): Effective Dates for Certain Entities, which allows for the postponement of effective dates of ASU 2014-09, Revenues from Contracts with Customers (Topic 606) and ASU 2016-02, Leases (Topic 842) for certain entities in an effort to provide much needed relief as a result of the COVID-19 global pandemic.
Learn moreAs stated in our business interruption piece on March 24, 2020, the global impacts of the COVID-19 pandemic have caused economic losses to businesses and individuals throughout the world, resulting in litigation and regulatory activity within state governments and the federal government.
Learn moreOn Friday, May 22, 2020, the Small Business Administration (SBA) released two Interim Final Rules related to the Paycheck Protection Program Loan (PPP Loans) forgiveness. One focused on Borrowers and the other focused on lenders. This article will provide an overview of each rule.
Learn moreIt should be no surprise that many businesses are being negatively impacted by COVID-19, which can naturally lead to cash flow issues as income stalls.
Learn moreThe FASB is proposing the postponement of effective dates of ASU 2016-02, Leases (Topic 842) and ASU 2014-09, Revenues from Contracts with Customers (Topic 606) for certain entities in an effort to provide much needed relief as a result of the COVID-19 global pandemic.
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