A&A Update – Extension of TDR Relief for Borrowers Impacted by COVID-19
In response to the concerns related to the expiration of Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Section 4013, lawmakers extended troubled debt
In response to the concerns related to the expiration of Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Section 4013, lawmakers extended troubled debt
Beginning with the 2020 reporting year, you must report nonemployee compensation (NEC) on the newly created Form 1099-NEC. Generally, if the following four conditions are
SolarWinds Supply-Chain Attack – What you need to know and do! A major breach has been announced concerning network management and monitoring software published by
Deducting Expenses Paid with Paycheck Protection Program Funds – Where Do Things Stand? A major question being asked by taxpayers that received funds by participating
Pennsylvania has extended the carryforward period for education credits, due to the pandemic. In the event that a business cannot use education credits during the
New Jersey Corporation Business Tax Surcharge Retroactively Increased Back to 2.5 Percent New Jersey imposes a surtax on its Corporation Business Tax when taxable income
Many community financial institutions have experienced substantial balance sheet growth during 2020, which has largely stemmed from the Paycheck Protection Program, the Money Market Mutual
Financial Crimes Enforcement Network (FinCEN) Advance Notice of Proposed Rulemaking (ANPRM) to Amend Anti-Money Laundering (AML) Program Requirements On September 17, 2020, FinCEN published an
The Internal Revenue Service (IRS) has issued Announcement 2020-12 to inform lenders that they should not file Form 1099-C, Cancellation-of-Debt, information returns or furnish payee
Participating lenders in the Paycheck Protection Program (PPP) are beginning to face an influx of forgiveness applications as the 24-week coverage period nears its conclusion.
In response to the concerns related to the expiration of Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Section 4013, lawmakers extended troubled debt
Beginning with the 2020 reporting year, you must report nonemployee compensation (NEC) on the newly created Form 1099-NEC. Generally, if the following four conditions are
SolarWinds Supply-Chain Attack – What you need to know and do! A major breach has been announced concerning network management and monitoring software published by
Deducting Expenses Paid with Paycheck Protection Program Funds – Where Do Things Stand? A major question being asked by taxpayers that received funds by participating
Pennsylvania has extended the carryforward period for education credits, due to the pandemic. In the event that a business cannot use education credits during the
New Jersey Corporation Business Tax Surcharge Retroactively Increased Back to 2.5 Percent New Jersey imposes a surtax on its Corporation Business Tax when taxable income
Many community financial institutions have experienced substantial balance sheet growth during 2020, which has largely stemmed from the Paycheck Protection Program, the Money Market Mutual
Financial Crimes Enforcement Network (FinCEN) Advance Notice of Proposed Rulemaking (ANPRM) to Amend Anti-Money Laundering (AML) Program Requirements On September 17, 2020, FinCEN published an
The Internal Revenue Service (IRS) has issued Announcement 2020-12 to inform lenders that they should not file Form 1099-C, Cancellation-of-Debt, information returns or furnish payee
Participating lenders in the Paycheck Protection Program (PPP) are beginning to face an influx of forgiveness applications as the 24-week coverage period nears its conclusion.
In response to the concerns related to the expiration of Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Section 4013, lawmakers extended troubled debt
Beginning with the 2020 reporting year, you must report nonemployee compensation (NEC) on the newly created Form 1099-NEC. Generally, if the following four conditions are
SolarWinds Supply-Chain Attack – What you need to know and do! A major breach has been announced concerning network management and monitoring software published by
Deducting Expenses Paid with Paycheck Protection Program Funds – Where Do Things Stand? A major question being asked by taxpayers that received funds by participating
Pennsylvania has extended the carryforward period for education credits, due to the pandemic. In the event that a business cannot use education credits during the
New Jersey Corporation Business Tax Surcharge Retroactively Increased Back to 2.5 Percent New Jersey imposes a surtax on its Corporation Business Tax when taxable income
Many community financial institutions have experienced substantial balance sheet growth during 2020, which has largely stemmed from the Paycheck Protection Program, the Money Market Mutual
Financial Crimes Enforcement Network (FinCEN) Advance Notice of Proposed Rulemaking (ANPRM) to Amend Anti-Money Laundering (AML) Program Requirements On September 17, 2020, FinCEN published an
The Internal Revenue Service (IRS) has issued Announcement 2020-12 to inform lenders that they should not file Form 1099-C, Cancellation-of-Debt, information returns or furnish payee
Participating lenders in the Paycheck Protection Program (PPP) are beginning to face an influx of forgiveness applications as the 24-week coverage period nears its conclusion.