On April 8th, 2020, the Internal Revenue Service released Rev. Proc. 2020-23.
Businesses and organizations have various loan options available to help offset financial hardship and uncertainty caused by the COVID-19 pandemic.
The PPP Loan was signed into law on March 27, 2020, as part the CARES Act. Although guidance on the PPP Loans are evolving, here is a summary of what you need to know.
The Government Accounting Standards Board (GASB) is working on several projects right now that could provide highly anticipated relief to the public sector.