Reading Time: 2 minutes During the end of May, the US Department of Labor (DOL) adopted a new and additional safe harbor allowing plan administrators to use electronic media, as a default, to furnish covered documents to participants and beneficiaries. The adoption...
Reading Time: 4 minutes On June 5, 2020, the Paycheck Protection Program Flexibility Act (PPPFA) was signed into law, which is a bipartisan effort to address the many concerns expressed by small business owners around the Paycheck Protection Program (PPP). The new law...
Reading Time: 3 minutes For private companies who have not yet adopted the revenue recognition standard, (FASB ASC Topic 606, Revenue from Contracts with Customers), there is good news to report. Last week the Financial Accounting Standards Board (FASB) voted to...
Reading Time: 3 minutes COVID-19 PPP Loans Update One of the highlights of the recent $2 trillion CARES Act is the Paycheck Protection Program (PPP). The PPP is a loan designed to provide small businesses with the funds necessary to navigate the effects caused by...
