Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, taxpayers are eligible to take up to $100,000 of coronavirus-related distributions from their retirement account [...]
The Senate approved the Paycheck Protection Program Flexibility Act of 2020 (The Act) in the evening of June 3, 2020. The Act, which is presently [...]
GSG’s Director of Business Valuation and Litigation Support, Chuck Faunce, discusses gift and estate tax planning opportunities presented by the COVID-19 pandemic. The COVID-19 pandemic [...]
On Wednesday, May 20th, the Financial Accounting Standards Board (FASB) voted to delay the implementation of the new revenue recognition standards, FASB Accounting Standards Codification [...]
In GSG’s latest podcast, Alan Stein, Director of Audit and Accounting Services, discusses how businesses gain confidence considering the evolving role of accountants who are [...]
On Friday, May 15th, the SBA released the application form that borrowers should use to apply for forgiveness on their PPP funds they received. Highlights [...]
The U.S. Department of the Treasury and Small Business Administration (SBA) made updates today to the Paycheck Protection Program (PPP) FAQs, specifically addressing what makes [...]
The unemployment rate is at a devastating high as a result of the COVID-19 pandemic. However, under the recent Coronavirus Aid, Relief, and Economic Security [...]
Round 2 of the Paycheck Protection Program (PPP) gets underway today as the U.S. Small Business Administration (SBA) resumes accepting PPP applications from participating lenders. [...]
The President signed the Families First Coronavirus Response Act (the Act) into law on March 18, 2020 to provide paid sick leave and expanded family [...]
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