The Paycheck Protection Program (PPP) is slowly coming to an end from a borrowing perspective – businesses have until August 8, 2020, to apply for…
On June 5, 2020, the Governmental Accounting Standards Board (GASB) released new reporting guidance for state and local governments that have subscription-based information technology (IT)…
Employers filing Form 941 each quarter will need to allocate a bit more time to preparing their second, third, and fourth quarter reports this year.…
The votes are in! LaPorte CPAs & Business Advisors was recently honored as a winner in New Orleans CityBusiness Reader Rankings poll in the Accounting…
On June 3, 2020, the Senate passed the House legislation (H.R. 7010 – Paycheck Protection Program Flexibility Act of 2020) that amends the Paycheck Protection…
With unemployment at an all-time high, LaPorte employees wanted to find some way to help those facing food insecurity, and at the same time find…
On Wednesday, May 13th, the SBA released additional guidance on PPP loan forgiveness. In this update, we will provide information on the newly issued FAQ-46…
When you think about the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), you probably associate it with the stimulus checks sent to…
The Coronavirus Aid, Relief and Economic Security (CARES) Act provided $50 billion of funding to help providers as they face falling revenue and increased costs…
On April 30, 2020 the IRS released Notice 2020-32 which provides guidance regarding the deductibility for Federal income tax purposes of certain otherwise deductible expenses…