The Paycheck Protection Program started with a simple idea: give employers the money to keep their trained workforce on payroll so when the economy re-opened, the workforce would still be in [...]
USDA detailed the Coronavirus Food Assistance Program on May 19, 2020. FSA will begin accepting applications on Tuesday, May 26th. I have many farmer clients & some of you have been [...]
Thanks to the CARES Act, stimulus checks were issued by the Internal Revenue Service beginning in April to help millions of Americans during the COVID-19 outbreak. Due to the urgency and need [...]
Huge News for Farmers!!! Farmers: you were previously excluded from the EIDL advances/loans. But you can now apply for your EIDL. The SBA opened the online SBA Disaster Loan Applications link [...]
News from the annual Governmental Audit Quality Center broadcast. Here are a few highlights: New Yellow Book and Single Audit reports are being developed and will be provided later this year. The [...]
Last week the IRS issued a notice saying that PPP forgiveness is taxable income (essentially). Now both sides of the political aisle are saying that the IRS didn’t read the law, that the [...]