Part of the recovery funding for many not-for-profits has come from grants. While these funds have directly helped not-for-profits keep their doors open, many executives may not realize that some of these funds could trigger a single audit.
The Economic Aid Act, which became law on December 27, 2020, made PPP loans fully forgivable regardless of EIDL grants received. Now, the SBA has issued guidance and new forgiveness forms removing the need for an EIDL reduction.
The Economic Aid Act, included in the 2021 Appropriations Act expanded the Paycheck Protection Program (“PPP”) to include second draw loans for hard-hit small businesses. Here's what you need to know to take advantage of this program.
With the tax filing season just around the corner, I repeatedly hear the question, “can I deduct my home office?” The answer varies as the IRS has a more restrictive definition of the home office than those heard in ordinary conversation.
The construction industry has been up and down the past few months. What seemed like a rebound in August going into September turned around by December. Early in 2021, backlogs are down, prices are up, and contractor optimism remains.
View recording and slides. The PBMares team provided insights and analysis on the latest $900 billion COVID-19 relief package passed by Congress that will deliver long-sought cash to businesses and individuals and resources to address the COVID-19 pandemic
One of the effects of cash flow shortages from COVID-19 has been an increase in rent deferments or abatements. It’s one thing to alter the language of a contract, but the question becomes how to treat rent concessions in the financial statements, and which set of guidelines to follow.
On December 21, 2020, Congress unveiled agreement on a $900 billion coronavirus relief deal. The bill has several business and individual provisions included – but what do they mean for you?
Many not-for-profits have had an uphill battle since COVID-19 shut down offices and restricted travel.
COVID-19 has transformed every aspect of the real estate industry; some sectors have experienced surges in demand while others are looking at ways to stay relevant.
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