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09/14/2020

Focus on Healthcare: HHS Provider Relief Fund: $5 Billion Nursing Home Infection Control Targeted Distribution

On August 27, 2020, the Department of Health and Human Services (HHS) announced the Nursing Home Infection Control targeted distribution.

09/03/2020

Focus on Public Sector: GASB Technical Bulletin No. 2020-1

The GASB recently issued Technical Bulletin No. 2020-1 Accounting and Financial Reporting Issues Related to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and Coronavirus Diseases.

09/01/2020

Focus on Not-For-Profits: Deferral of Withholding and Payment of the Employee Share of the Social Security Tax

Late on August 28th, the IRS issued additional guidance regarding the deferral of withholding and payment of the employee share of the Social Security tax as directed by President Trump on August 8th in a memorandum. As a reminder, this memorandum does not change an employee’s underlying tax obligation but rather just defers the payment of this tax obligation.

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