Restaurant Revitalization Fund Is Coming – An Update on What We Know
The Restaurant Revitalization Fund is coming – SBA website soon to be operational – applicants should be ready.
Biden Tax Plan: International Tax Implications
The international tax landscape is shifting based on recent reports from the White House, Senate Finance Committee and U.S. Treasury.
Detecting and Preventing Fraud for PPP Loans
With the extension of the PPP application, lenders should continue to be vigilant about the increased risk of fraud.
Are You Ready for a Fixed-Price Future?
On January 15, 2021, the Office of Management and Budget issued a memorandum (M-21-11) to the heads of all executive departments and agencies entitled “Increasing Attention on Federal Contract Type Decisions”.
The Effect of COVID-19 on Retail Rental Real Estate Market
Retail rental tenants like brick-and-mortar stores and restaurants had a tough year in 2020. Many had varying levels of success by shifting to online platforms, though not everyone was able to quickly adapt.
The Impact of Biden’s Proposed $2.3 Trillion Infrastructure Plan on the Construction Industry
President Biden recently unveiled his new $2.3 trillion infrastructure package, the American Jobs Plan. The construction industry will benefit in several ways, but there are mixed reactions on different aspects of the legislation.
Single Audit Deadline Delayed by Six Months
On March 19, 2021, the Office of Management and Budget issued a memo directing federal agencies to delay, by six months, the deadline for recipient organizations to submit Single Audits. The new deadlines are September 30, 2021 and March 31, 2022.
Defense supply chain for government contractors is under microscope
Government contractors should be prepared to comply with new regulations after two executive orders early in the Biden administration.
Webinar Recording: PPP Loan Recipients Eligible for ERC
View recording and slides. Eligible employers can take advantage of the newly extended employee retention credit, designed to make it easier for businesses that choose to keep their employees on the payroll despite challenges from COVID-19.
Guidance Issued for Employers Claiming the Employee Retention Credit
Notice 2021-20 clarifies retroactive changes made to ERTC and PPP interaction and incorporates several previous frequently asked questions.