AUDIT & ASSURANCE INSIGHTS
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- March 25, 2021
- Accounting | Audit and Tax | COVID-19 | Title IV
The Department of Education’s Updated Guidance on the Higher Education Emergency Relief Fund (HEERF) Programs for Institutions of Higher Education Now that Higher Education Emergency Relief…
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- March 11, 2021
- Accounting | Audit and Tax | COVID-19 | Title IV
With the change in the administration this November, the higher education industry is in line for some likely changes over the next four years….
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- January 11, 2021
- Accounting | Audit and Tax | COVID-19 | Tax
The recently enacted “Consolidated Appropriations Act, 2021” (“CAA”) [1] was the latest effort by Congress to provide stimulus and relief to individuals, businesses, health…
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- December 11, 2020
- Accounting | Audit and Tax | COVID-19 | Tax
The Small Business Administration (SBA) released on December 9, 2020 its latest FAQ on the Paycheck Protection Program (“PPP”) loan. Background The PPP loan…
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- December 8, 2020
- Audit and Tax | Not-for-Profit | Tax
Back in May, the IRS released Proposed Regulations under Section 512(a)(6), related to the separate reporting for each unrelated trade or business of tax-exempt…
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- December 4, 2020
- Audit and Tax | Tax
It’s been over two years since the U.S. Supreme Court shook up the state tax world with the Wayfair case. Since that time, all but…
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- November 30, 2020
- Accounting | Audit and Tax | Tax
It’s been over two years since the U.S. Supreme Court shook up the state tax world in South Dakota v. Wayfair (Dkt 17-494, 6/21/2018)…
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- November 18, 2020
- Accounting | Audit and Tax
Dating all the way back to July 2016, the cash management updates that coincided with the release of the Audit Guide created changes as…
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- November 16, 2020
- Accounting | Audit and Tax | Construction | COVID-19
Many borrowers of the Paycheck Protection Program (PPP) loan are currently submitting loan forgiveness applications. While construction and real estate (CRE) companies can greatly…
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- November 13, 2020
- Accounting | Audit and Tax | Title IV
This has certainly been an interesting year on many levels. The COVID-19 pandemic shook the landscape and ended up delaying a lot of regulations…
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- October 29, 2020
- Accounting | Audit and Tax | COVID-19 | Manufacturing | Tax
Many borrowers of the Paycheck Protection Program (PPP) loan are now in the process of submitting loan forgiveness applications, with the expectation that their…
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- October 26, 2020
- Accounting | Audit and Tax
The IRS recently issued final forms and instructions for Forms 1094-C and 1095-C with some changes that impact all filers and other amendments impacting…
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- August 14, 2020
- Accounting | Audit and Tax | COVID-19 | Tax
As the entire world feels the effect of the COVID-19 pandemic, the United States federal government stepped in to enact the CARES Act, which…
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- August 12, 2020
- Audit and Tax | Construction | COVID-19 | Forensic & Valuation | Tax
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- August 12, 2020
- Audit and Tax | Construction | COVID-19 | Tax
As the fallout from the COVID-19 pandemic continues, social distancing and remote work protocols continue to impact the commercial real estate industry. Many mortgage…
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- August 10, 2020
- Accounting | Audit and Tax | Title IV
To begin and continue to participate in any Title IV, the Higher Education Act (HEA), program, an institution must demonstrate to the Secretary that…
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- August 7, 2020
- Accounting | Audit and Tax | COVID-19 | Title IV
Article updated on October 2, 2020 Amongst all of the uncertainty surrounding the COVID-19 pandemic, the U.S. Small Business Administration (SBA) issued the Paycheck…
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- August 6, 2020
- Accounting | Audit and Tax | COVID-19 | Title IV
The Department of Education previously released updated guidance on June 16, 2020 for schools that were affected by the COVID-19 pandemic. Though we are…
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- July 17, 2020
- Accounting | Audit and Tax | COVID-19 | Not-for-Profit
The Office of Management and Budget (OMB) recently issued a memorandum repealing previously issued guidance on the extension of time to file with the…
This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.