COVID-19 news and information for CPAs

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May 10, 2021

SBA sending first $2 billion in Restaurant Revitalization Fund payments

A week after opening the Restaurant Revitalization Fund, the US Small Business Administration is sending out a first round of payments totaling $2 billion to more than 16,000 restaurants and other eligible food and beverage providers.

May 10, 2021

Pandemic government relief: Details, allocations provided

Treasury on Monday provided details and allocations for state, local, territorial and tribal government pandemic relief totaling $350 billion that was established under the American Rescue Plan Act.

May 10, 2021

5 tips for overcoming your pandemic screen addiction

This article offers tips on using technology in healthier ways.

May 6, 2021

SBA unveils initial Restaurant Revitalization Fund results

The Restaurant Revitalization Fund received more than 186,000 applications from restaurants and other eligible businesses the first two days after its application window opened May 3.

May 6, 2021

Single audit: Pandemic aid and major program determinations

As pandemic relief adds to funding that needs to be considered in a single audit, it’s important to remember that the rules in the Uniform Guidance still prevail.

May 5, 2021

SBA stops accepting new PPP applications from most lenders as general funds run out

The SBA has informed lenders that it is no longer accepting new applications from most lenders for the Paycheck Protection Program because the $292 billion program’s general fund is nearly exhausted.

May 4, 2021

4 reopening mistakes employers must avoid

As firm leaders prepare for a post-pandemic work world, they should take care to plot a path that steers clear of potential pitfalls — four of which are explored in this article.

May 3, 2021

Weighing a move if your job has gone remote

Here are a few things remote-working finance professionals should consider when thinking of moving.

May 1, 2021

American Rescue Plan Act enacts many tax provisions

Here’s a look at changes affecting 2020 and 2021 that were included in Congress’s stimulus legislation.

May 1, 2021

The board’s role in not-for-profits’ post-pandemic success

Not-for-profits have experienced huge challenges during the coronavirus pandemic. Careful oversight of policies related to people, cash flow, and fraud can smooth the path to long-term sustainability for the mission.