Ask the Accountant webinar – June 17

In our next Ask the Accountant webinar, Steve Warren and Laurie Waterman will discuss the Paycheck Protection Program Flexibility Act and how it might impact your PPP loan. They will also discuss the next round of SBA guidance if it becomes available in a timely manner.

Expanded Flexibility for Cafeteria Plans related to COVID-19

Many employees have been forced or have decided to postpone medical procedures in 2020 due to the COVID-19 pandemic. Employees are also experiencing child care uncertainties such as closed daycare centers or cancelled summer child care programs or camps related to COVID-19.

Payroll Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) expenditures – are they subject to single audits?

Many nonprofits have been wondering whether funds received under these programs fall under the scope of Single Audit requirements.