BDO’s annual benchmarking survey, Nonprofit Standards, guides organizations in the discovery of untapped resources and opportunities to navigate a post-COVID world.
WEBINAR: 2020 Retirement Plan Update – COVID Edition
Our special guest speaker, Ben Gibbons of Holland & Hart, discusses the latest retirement plan-related COVID-19 guidance and how it impacts plan sponsors and their retirement plans.
Evolution of Your Control Environment During a Global Pandemic
Current uncertainty continues to evolve, making it difficult for organizations to evaluate the impact on their control environments. As companies move to remote operations, or need to modify their workforce, an assessment over the control environment is required to determine if it is operating as it had been prior to the rapid changes.
What Plan Sponsors Need to Know About Layoffs and Partial Plan Terminations
Based on IRS rules, a partial plan termination can occur if approximately 20 percent or more of plan participants are terminated by the plan sponsor as a result of an action, such as a plant closure, a decision to downsize, or the termination of a product line. The reduction can accumulate over one or more plan years and still be classified as a partial termination.
PPP Forgiveness Changes Passed as Trump Signs Bill
In another win for small businesses, they now have an extended period of time to spend PPP funds and still qualify for forgiveness of the loans.
As Governors Lift COVID-19 Restrictions, What Happens to the Cares Act Employee Retention Credit?
Although the answer depends on each employer’s facts and circumstances, it seems that many employers may still be eligible for the employee retention credit (ERC) as state and local governments re-open their economies in stages.
SBA Releases the Paycheck Protection Program Forgiveness Application
The PPP loan forgiveness form and instructions include several measures to reduce compliance burdens and simplify the process for borrowers.
How to Skip Your Required Minimum Distribution in 2020
Thanks to the CARES Act, you may now skip your Required Minimum Distribution for 2020, and pull out emergency cash, without withdrawal penalties if qualified.
Idaho Rebound Cash Grants for Small Businesses
This program is targeted to those Idaho small businesses that did not receive the Paycheck Protection Program.
Determining Real Estate & Construction’s Coronavirus Risk: A Checklist for Industry Leaders
Ascertaining lost revenue and income stemming from these extraordinary circumstances is key to minimizing the financial consequences of this pandemic.