As a small to medium-size business owner, you wear many hats and may be responsible for everything from new product development, to operations, human resources,…
Eight Tips for Shoring Up Your Defenses Most U.S. organizations process important information every single day, every single hour, every single minute. When that information…
At LaPorte, we take seriously our commitment to educating clients about new accounting standards or legislative updates. In an effort to provide timely topics of…
As part of President Biden’s American Rescue Plan Act (ARPA) that was passed in March 2021, Congress assigned $1.9 trillion in federal funds for “COVID-related…
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…
The Governmental Accounting Standards Board (GASB) has set about to reexamine state and local government financial reporting in an effort to improve the reporting model.…
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…
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,…
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)…