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 revised
Irrevocable Grantor Trusts (IGTs) have long been a critical tool for estate planning and effectively achieving tax minimization on asset transfer, providing the tools necessary to avoid probate, transfer assets, conduct legacy planning, and ensure the minimization of federal estate taxes. Currently, one of the most unsettled topics is how
Making It … Better, Faster, Smarter Technology is transforming the factory floor … again. But with automation and 3-D printing comes the need for more highly skilled workers, more R&D investment, and stronger supply chains. You need razor-sharp reflexes to reach the top and intelligent strategies to stay there. The
In the last few years, artificial intelligence (AI) has played an important role in reshaping supply chain norms and standards. Soon, businesses will be required to implement machine learning technologies if they want to remain competitive. At the turn of the century, when machine learning first entered the business world,
During uncertain times, when fear can lead to generalizations and assumptions can be made based on a single data point of a given trend, facts can be a steadying influence. In the face of pervasive beliefs to the contrary, local banks are indeed still lending money for working capital lines
Getting a Practice Checkup You understand the importance of a checkup. It helps you diagnose current issues a patient is facing and aids in preventing future ones. Have you given your practice that same level of attention? As industry regulations become increasingly complex, it is important that you undergo regular
Transparency and Accountability for the Public Sector If you work in the public sector, you know there’s no room for error when it comes to finances. Taxpayers expect transparency and accountability when it comes to spending their hard-earned dollars. Getting support from external financial professionals can go a long way
Keeping Your Organization as Healthy as Your Patients You may be more passionate about helping those in need than about the bottom line. But not-for-profit healthcare organizations are complex, and the financial operations are critical to maintaining your good work – it takes significant time, funding, and manpower to fulfill
As a membership organization leader, you’re beholden to both your members and your Board of Directors – and so you have to be able to provide accurate and reliable data to both groups on-demand. Fast. That means you need tight internal controls, reliable bookkeeping practices, solid accounting processes, and secure
SOC reports are a vital tool in vendor risk management, but for many users, they can feel dense, technical, and even overwhelming. Unlike a simple pass/fail scorecard, a SOC report requires careful reading to extract the insights you need to make informed decisions about your third-party providers. So how do
Survey Results See the Impact of COVID-19 Across Industries Report Summary As expected, no industry is untouched by the effects of the global pandemic, and while the issues that affect them most vary, some concerns are universal. Economic recovery time, the financial stability of customers and vendors, and
In October 2023, California passed the Climate Corporate Data Accountability Act (SB 253) and the Greenhouse Gases: Climate-Related Financial Risk Act (SB 261), creating unprecedented climate-related reporting for companies beginning in 2026. In addition to certain climate-related financial risks and disclosures, the bills focus on reporting greenhouse gas emissions in