January 25, 2022 β Current GAAP has no authoritative guidance on the accounting for, or disclosure of, government assistance received by businessβ¦
January 10, 2022 β The IRS has started issuing information letters (Letter 6419) to advance child tax credit recipients. Under the American Rescueβ¦
August 3, 2021 - Covid-19 relief has included a variety of programs, including the Paycheck Protection Program (PPP) loans, the Families Firstβ¦
May 19, 2021 - The past year has put businesses across all industries to the test. Questions of resilience, adaptability, and "bouncing back" haveβ¦
April 30, 2021 - The Small Business Administration has announced that the Restaurant Revitalization Fund will open for registration by qualifyingβ¦
March 17, 2021 β Acknowledging pressure from both Congress and tax and accounting groups, the IRS announced today that it plans to extend this yearβsβ¦
March 10, 2021 - The House of Representatives has passed another stimulus bill (the American Rescue Plan Act of 2021) which was recently passed byβ¦
December 18, 2020 - On December 16, 2020, Governor Walz signed a COVID-19 economic assistance package into law that provides business assistanceβ¦
December 14, 2020 - Some Minnesota companies have Wisconsin resident employees working from home due to Covid-19. These employees may now have anβ¦
December 10, 2020 - The Paycheck Protection Program (PPP) was created to help American businesses tide over the COVID-19 coronavirus, and businessesβ¦
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