Insights & Resources

Resources & Tools

We’ve curated a library of links and videos to keep you fully informed on the latest, most relevant information.

Deductible Expenses & Forgiveness for PPP Loans

The latest guidance from the IRS states that expenses paid with funds received under the PPP loan program are not able to be deducted if you have received or expect full or partial PPP loan forgiveness. This places greater importance on proactive tax planning this year.

Important CARES Act Dates for Local Governments

We’re committed to ensuring our clients are informed on important legislation affecting their organization. With this in mind, we have gathered information regarding key CARES Act dates for local governments.

PPP Forgiveness Flowchart

Feeling unsure about when and how to apply for loan…

Coronavirus Relief Fund Updates for Local Governments

Over the past few weeks, the US Treasury Department and the Minnesota Management & Budget (MMB) have issued updated Coronavirus Relief Fund guidance. We’ve broken down some of the key items from this guidance that may be important for your organization.

Payroll Tax Deferral – Updates Based on Current Guidance

On August 28, 2020, the Department of Treasury and Internal Revenue Service issued much awaited guidance regarding the Presidential Executive Order, effective on September 1, 2020, allowing for the deferral of withholding and payment of the employee’s portion of the Social Security tax.

Updated Payroll Forms & Processes

In the workplace, the various stimulus packages, sick leave provisions, and other economic and governmental programs brought about by the pandemic have created a need for additional documentation and disclosures on certain payroll tax filings and forms. Learn about the resources you’ll need to ensure compliance and proper documentation based on IRS guidance.

Returning to Work: OSHA Guidance for Employers

Does your organization have a re-opening plan in place? The Occupational Safety and Health Administration (OSHA) has issued guidance for reopening businesses that recommends each establishment conduct a hazard assessment for all jobs.

Paycheck Protection Program Flexibility Act

For your convenience, our experts have summarized the main provisions laid out by the Paycheck Protection Program Flexibility Act (PPPFA) which aims to provide relief to businesses that may have had concerns surrounding the requirements for loan forgiveness.

Paycheck Protection Program (PPP): Loan Forgiveness Application

On Friday, May 15, 2020, the SBA released, for the first time, the loan forgiveness application form that borrowers will use to request forgiveness. To help you gauge how this latest guidance could impact your business, we have summarized key provisions of the newly published application and instructions.

Webinar: Navigating Through the COVID-19 Relief Options

Our experts help you sort through and understand the various stimulus packages so you can make informed decisions impacting your organization and employees.

How the SECURE Act Will Impact Individuals & Businesses in 2020

There are many tax law changes included in this legislation and we have consolidated the changes that will affect a large number of taxpayers – both individuals and businesses – and explain what affects these laws may have on each group.

UPDATE: New Form W4 Effective for 2020

The finalized 2020 Form W-4 was released on December 4, 2019. Due to the federal tax law changes that took place in 2018, the 2020 Form W-4, Employee’s Withholding Certificate, is very different from previous versions.