Following up on Notice 2020-32 issued in May 2020, the IRS has released Revenue Ruling 2020-27 & Revenue Procedure 2050-51 to provide guidance to taxpayers in relation to deductions for expenses covered by the Paycheck Protection Program (PPP) loans.
Following up on Notice 2020-32 issued in May 2020, the IRS has released Revenue Ruling 2020-27 & Revenue Procedure 2050-51 to provide guidance to taxpayers in relation to deductions for expenses covered by the Paycheck Protection Program (PPP) loans.
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In what is likely the first step in the audit process for borrowers that received Paycheck...
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As we reported several weeks ago, the US Department of Health and Human Services (“HHS”) made...
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During July 2020, Charity Navigator launched the Encompass Rating System. The purpose of Encompass was to provide improved comparability of differently sized nonprofit organizations, and to provide a more comprehensive assessment of the overall effectiveness of nonprofit organizations.
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In case you missed it, the Office of Child and Family Services (“OCFS”) has made available $48.6 million in the third installment of the federal CARES funding to support child care programs and the families who need child care services.
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The impersonator often disguises him/herself as a CEO or someone from top management. Any email where there is a request to have money wired or to change the bank account for a direct deposit should be handled with extra care and diligence.
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