(authored by RSM US LLP) A recent proposed ASU addresses the accounting for revenue contracts with customers acquired in a business combination.
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 and…
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) 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…
(authored by RSM US LLP) Get data-driven economic insights and outlooks on a variety of middle market industries provided by RSM US LLP senior analysts.
On August 8, 2020, just as crucial unemployment benefits written into the CARES Act expired, President Trump signed four executive orders aimed at providing economic…
The uncertainties of the past few years have impacted our nation’s economy and many businesses have faced financial pressures. Businesses of all types are struggling,…
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.…
In case you missed it, on Monday, March 23rd, the Greater New Orleans Foundation (GNOF) announced an initiative designed to bring support to those people…