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Senate Passes Bill Granting Flexibility to PPP Borrowers
The senate passed the House bill last night to change the PPP loan program. It appears they passed the house version “as is” in order to avoid

Unemployment Fraud Investigations Are Underway: Potential Delays in Receipt of Benefits May Be Ahead
The COVID-19 pandemic has been a time of uncertainty and vulnerability for millions of Americans. As our nation’s unemployment rate continues to rise due to

PPP Loan Forgiveness Workbook
We are currently updating all of our workbooks to reflect the most current rules. Please check back soon for new files. Looking for additional

Paycheck Protection Program Flexibility Act of 2020 Passes in the House
Today the House passed the Paycheck Protection Program Flexibility Act of 2020. The Bill passed the House 417-1. While the official text of the Bill

Maine & New Hampshire: Additional State Relief Programs
ME Child Care Subsidy Program: Additional Assistance for Essential Workers The CARES Act included additional funding of $3.5 billion for the Child Care Development Block

Webinar: PPP Loan Forgiveness Update–We’re Getting Closer
On Thursday, May 21 2020, ARB’s Holly D. Ferguson, CPA, Barton D. Haag CPA and Matthew J. Pore, CPA led a webinar; PPP Loan Forgiveness

4 Dealership Accounting Practices That Eat Away At Profit
If your vehicle has poor fuel economy, you’ll still make it to your destination, but it will be costly. The same is true for auto

Federal Student Loan Relief & Programs Available in Maine
As the expiration of pandemic-related student loan relief was nearing once again, the Federal Government and some states stepped in to extend further relief to

The Clean Vehicle Credit: What Dealerships Need To Know
On August 16, 2022, President Biden signed the Inflation Reduction Act (the Act) into law. The Act gave rise to The Clean Vehicle Credit, a

CECL Audit Approach: New Methodology to Account for TDRs
The Financial Accounting Standards Board (FASB) has been working to improve the implementation and transition to the Current Expected Credit Losses (CECL) method of accounting

Buy-Side Due Diligence | M&A Best Practices for Contractors
Contractors often leverage M&A opportunities to grow revenue and meet growth, development, and other strategic goals. For example, acquiring or merging with a firm with