The COVID-19 outbreak will have a direct and lasting impact on organizations of all sizes. While the full effect of the pandemic is yet to be seen, companies of all sizes are contending with an ...
HM&M Accounting, Audit and Assurance*, & Tax Blog
According to a recent Forbes’ article “IRS Faces Huge Backlog of Unopened Mail As Workforce Returns,” the estimated backlog of unopened IRS mail was at 11 million pieces as of June 2020. Perhaps the largest ...
The Coronavirus Aid, Relief and Economic Security (“CARES”) Act, enacted March 27, 2020, includes the Coronavirus Food Assistance Program (“CFAP”), a $16 billion agricultural assistance program for agricultural producers. It is designed to help offset ...
Introduction to COVID-19 Impacts COVID-19 is a new and evolving crisis, which has been labelled a pandemic by many countries and institutions, including the World Health Organization. The full impact of COVID-19 is yet to ...
The rapidly-changing regulatory environment and what this means for physician practices COVID-19 has changed the way physicians practice medicine. The CARES Act has put forth many provisions for healthcare practitioners to survive. The Trump ...
On March 27, President Trump signed the Coronavirus Aid, Relief and Economic Security Act (CARES Act), a $2 trillion stimulus package intended to help mitigate the economic impact felt by businesses and individuals from the ...
Learn the 7 reasons why an external accounting service department could be the smartest business move you make for your company this year to calm down a bit of the chaos. Accounting functions are an ...
Globally industry has seen a sharp rise in cyber-attacks since the Chinese government disclosed the spread of the coronavirus or COVID-19 within China and internationally. Especially, cyber-attacks focused on health-care systems using spear-phishing and ransomware, ...
Being selected for a Department of Labor (DOL) audit is unwelcome news for nonprofit plan sponsors. Unfortunately, since benefit plans don’t directly impact programming and are extremely complex, nonprofits often rely too heavily on service ...
Bankruptcies, which peaked in the natural resources industry in 2016, are seeing a resurgence. Faced with a lack of capital, external pressures like trade and tariff tensions and continued subdued oil prices, natural resources organizations ...
A Roadmap for Understanding Your Total Tariff Liability The ongoing trade war between the U.S. and China continues to rattle the retail industry. For more than a year, the two countries have been embroiled in ...
In early 2016, the FASB issued ASU 2016-02, Leases (ASC 842). The new leasing standard was effective January 1, 2019 for public companies. Although the FASB recently deferred the effective date of the new standard ...