Implementing ASC 842 New Accounting for Leases: What Labor Unions Need to Know

Whether we like it or not Accounting Standards Codification (ASC) 842 is here.  Labor unions have a lot on their plates and a new accounting standard on leases may not be at the top of the priority list. However, the time is now to implement if you haven’t done so already.

2023-01-13T14:58:26-05:00October 17, 2022|Categories: Labor Unions|Tags: , , |

What Is a Right-to-Work State?

In a "right-to-work" state, private-sector employees have the option to choose whether or not they want to join a union. In other states, a person applying for a private-sector job where employees are unionized can be required to join the union as a requirement of being hired.

2022-09-22T08:30:57-04:00September 17, 2022|Categories: Accounting, Labor Unions|Tags: , |

PPP Loan Eligibility for Labor Unions

The American Rescue Plan Act expanded Paycheck Protection Program (PPP) loan eligibility to certain labor unions and employee benefit plans.

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