Knowledge and Insights: Newsletters
Wrongful Termination in the Midst of Economic Uncertainty
Wrongful termination litigation tends to increase during economic uncertainty, following company-wide layoffs and reductions in work force. The COVID-19 pandemic is no exception. Forensic accountants are often retained to provide…
PPP2 is Here – What You Need to Know
On Monday, December 21st, the U.S. Senate and House of Representatives passed a $900 billion COVID-19 relief bill, called the Consolidated Appropriations Act, that provides $600 stimulus payments to individuals,…
Tax Impacts of the New COVID Relief Bill
The Consolidated Appropriations Act of 2021 has been passed by Congress and was signed by the President last Sunday, December 27th. The bill is very large and contains over 5,600…
Important Considerations for Year-End Tax Planning
As year-end approaches, it is a good time to think about planning moves that may help reduce taxes for this year and possibly next. Year-end planning for 2020 takes place…
NJ Pass-Through Owners Can Now Either Fish the Tax Waters or Cut New Jersey BAIT
New Jersey Pass-Through Business Alternative Income Tax (NJ BAIT) Act was passed in January 2020 and is effective for 2020. This act was designed to help business owners mitigate the…
State & Local Government Entities – Are You Spending Your Relief Funds Properly?
The Coronavirus Relief Fund, a product of the Coronavirus Aid, Relief and Economic Security (CARES) Act, distributed $150 billion of payments for specified uses to state and certain local governments.…
Virtual Interviewing Techniques in a Remote Environment
Interviewing in a virtual environment can be a challenge to say the least. Regardless of whether the interview is human resources-focused or for investigative purposes, the challenges are similar and…
Fraudulent Unemployment Claims- Employers & Employees Be Aware & Vigilant
What is happening? The rise in unemployment filings and the expansion of jobless benefits in the ongoing COVID-19 pandemic have enabled an increase of fraud across the country. Your Human Resources…
Is Your Organization Utilizing All Available Relief Funds for Healthcare Providers?
The Coronavirus Aid, Relief and Economic Security (CARES) Act established and appropriated $175 billion the Provider Relief Fund. The Provider Relief Fund supports American families, workers, and the heroic healthcare…
SBA Streamlines PPP Forgiveness for Loans ≤ $50,000
On October 8, 2020, the Small Business Administration (SBA) released a streamlined two-page application (i.e., Form 3508S) focused specifically on small Paycheck Protection Program (PPP) borrowers who borrowed less than $50,000. …