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ARB’s Ten Tax Season Tips
Tax season is notoriously stressful for business owners and individuals. But about for accountants? Just because we love our work, doesn’t mean that January to
How Can Your Nonprofit Organization Prepare for a Remote Audit?
Countless aspects of life and business have made a hasty transition into the digital realm since the onset of COVID-19. Working with professional advisors like

PPP & ERTC: Relief Bill Considerations for Business Owners
The extension of the Paycheck Protection Program (PPP) was a welcome surprise at the end of 2020. Especially some of the provisions, like the deductibility

SBA Continues to Rollout the Second Round of the PPP
Starting today, Friday, January 15th, the SBA is accepting applications for the second round of Paycheck Protection Program (PPP) funding from smaller

PPP2 for Nonprofits: Which Organizations Are Eligible for Second Draw Funding?
Nonprofit organizations that received loans through the first round of the Paycheck Protection Program (PPP1) may be eligible for a second draw of PPP funding

NDAA for 2021: What’s in Store for Credit Unions?
We’ve come to expect the National Defense Authorization Act (NDAA) to pass each year, as it has for the last 59 consecutive fiscal years. The

The NCUA’s New Rules on the Transition to the CECL Methodology & Capitalization of Interest
The journey to implement the Current Expected Credit Losses (CECL) accounting method has proven to be especially complex for credit unions. The Financial Accounting Standards

PPP Borrowers Are No Longer Required to Submit Forms 3509 & 3510 for Forgiveness of Large Loans
Paycheck Protection Program (PPP) loan borrowers will no longer required to submit Form 3509, PPP Loan Necessity Questionnaire (For-Profit Borrowers) and Form 3510, PPP Loan

New Hampshire Legislation Reduces Corporate Taxes & Eliminates Personal Income Tax
On June 28, 2021, New Hampshire Governor Chris Sununu signed HB2, An Act Relative to State Fees, Funds, Revenues, and Expenditures. The Act provides tax

How Contractors Can Avoid 10 Common Exit Planning Mistakes
Exiting your business requires long-term, comprehensive planning, whether you plan to pass your company to family members, sell your interest to a partner, or sell

Supreme Court Vacates District Court’s Judgement on a Provision of the Affordable Care Act
On June 17, 2021, the Supreme Court issued an opinion that reverses and remands California et al. v. Texas et al. The lawsuit was originally