The IRS once again addressed the deductibility of eligible Paycheck Protection Program (PPP) loan expenses. On Wednesday November 18th, the IRS released Revenue Ruling 2020-27
Beginning in January of 2021, the IRS will require businesses to report non-employee compensation using a new Form 1099-NEC. Amounts formerly reported on Form 1099-MISC
(authored by RSM US LLP) Join RSM for an update on HHS Provider Relief Fund reporting requirements and compliance implications for the CARES Act.
(authored by RSM US LLP) A recent FASB Staff Educational Paper provides an overview of the accounting guidance for common debt modifications and exchanges.
(authored by RSM US LLP) Borrowers (and affiliates) that have PPP Loans of $2 million or greater should be prepared to provide additional information to SBA.
(authored by RSM US LLP) RSM surveyed health care executives to gauge the transformative impact of a variety of digital efforts and strategies.
On September 19, 2020, the U.S. Department of Health and Human Services (HHS) updated their Post-Payment Notice of Reporting Requirements from August 14, 2020 (the
When Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act on March 27, 2020, they sanctioned much-needed relief payments to healthcare providers across