Endow Kentucky Program Offers New Tax Credit
Applications Open July 1 A $1 million program in Kentucky provides a unique opportunity for a state tax credit: The Endow Kentucky Tax Credit Program offers a credit toward Kentucky income tax following a contribution to permanent endowment funds at Horizon Community Funds. The program, which is available for
Why Private Companies Should Implement the New Lease Standard Today
Even though the Financial Accounting Standards Board (FASB) approved delays in the effective dates for non-public entities, private companies should take advantage of this relief to learn and understand the intricacies of the new lease accounting standard, and begin implementation as soon as possible. Here are five potential reasons why
New PPP Loan Forgiveness Application Provides Much-Needed Clarity
The Small Business Administration (SBA) has released revised applications for PPP loan forgiveness, incorporating changes required by the PPP Flexibility Act. Among the most important revisions is the extension of the original 8-week covered period to a 24-week covered period for expenses eligible for forgiveness. In addition to the
PCORI Fee Applies for Another 10 Years
It’s that time of year again. Time for self-insured health plan sponsors to prepare to report and pay the annual Patient-Centered Outcomes Research Institute (PCORI) fee that was established by the ACA. Although originally established for plan years ending from October 1, 2012 through September 30, 2019, the fee has
Beyond EIDL and PPP: A Strategic Solution to Keep Cash Flowing
Every business owner knows that access to cash is the key to successful business and financial management – it’s the fuel that feeds the profit engine. In a world where business interruptions are spawned by non-financial events, such as COVID-19 and civil unrest, short-term solutions such as the Economic Injury
Envisioning a Reimagined Future: The Post COVID-19 Recovery Outlook
How will the construction industry recover in a post-pandemic world? On May 19, 2020, FMI Principal and Managing Director of Research & Analytics Jay Bowman at FMI, presented a webinar on the topic, providing key insights for construction leaders. We’ve summarized them here. Changes Aren’t Permanent, but Change Itself