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FASB Passes ASU 2020-05 In Response to Coronavirus

The Financial Accounting Standards Board (FASB) has issued ASU 2020-05 in response to the ongoing impacts to US businesses in response to the coronavirus (COVID-19) pandemic. Accounting Standards Update  (ASU) 2020-05, Revenue…
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The EIP Debit Card Debacle

The Economic Impact Payment (aka "Stimulus Payment) - Debit Card Debacle If you are like me, the first thing you do after leaving your mail “rest/sanitize” for 24-hours is to…
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COVID-19 Related Tax Credits

Due to Covid-19, many businesses in our communities are facing extremely difficult situations. Whether you’re seeking support for paid leave or are facing a cash flow issue, there are many…
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