(authored by RSM US LLP) The Relief Act made changes on how the Employee Retention Tax Credit works during the first two quarters of 2021.
(authored by RSM US LLP) PPP extension clears Senate. Program to be extended to May 31, with 30 days provided after May 31 for SBA…
(authored by RSM US LLP) A recent GASB Exposure Draft proposes a unified model for the recognition and measurement of all types of compensated absences.
(authored by RSM US LLP) A recent proposed ASU addresses the accounting for revenue contracts with customers acquired in a business combination.
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.…
(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.
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,…