Benefits

Charity

April 29, 2020 

Coronavirus Charity: How to Decide Where to Donate

According to a survey of nonprofit organizations by Charity Navigator and Reuters this month, 83% of respondents said they were suffering financially because of the outbreak. Many groups have had to cancel fundraisers and in-person events ...

PPP Paycheck Protection Program

April 29, 2020 

AICPA Suggests Conditions for PPP Loan Forgiveness

The recommendations were made in consultation with an AICPA-led small business funding coalition, CPA firms and other key stakeholders. They build on previous guidelines the AICPA has provided to help bring clarity to the implementation of the PPP.

 Is the IRS Targeting Captive Insurance Arrangements?

April 22, 2020 

Is the IRS Targeting Captive Insurance Arrangements?

In a captive insurance arrangement, a business forms a related insurance company for the purpose of insuring primarily, though not exclusively, risks of that related business. Via captive insurance arrangements, businesses can cost-effectively insure ...