Since the first round of the Paycheck Protection Program was rolled out as part of the CARES Act last spring, more than 5 million businesses, including some auto dealerships, have benefited from PPP...
The COVID-19 pandemic has fundamentally changed the way that the world operates, and it is unlikely to change significantly in the near-term. How will these changes affect how nonprofits function...
One of the coronavirus relief options available for eligible not-for-profits is the Shuttered Venue Operators (SVO) Grant, created by The Economic Aid to Hard-Hit Small businesses, Nonprofits, and...
Construction companies may be on the brink of a digital revolution, thanks in part to the coronavirus pandemic. The construction industry has been slower than other industries to adopt digital...
The Financial Accounting Standards Board (FASB) has released Accounting Standard Update (ASU) 2020-07, Not-for-Profit Reporting of Gifts-in-Kind. The purpose of the ASU is to improve GAAP reporting...
Managing a business during the global pandemic without an effective cash flow forecast is very much like driving at night blindfolded. Likely, you’ll generally be moving in the right direction, but...
The dealership management system (DMS) is the backbone of an auto dealership’s operations. This software controls and reports on a dealer’s functions and departments, including accounting, sales,...
Tax identity theft is a serious issue for the IRS as fraudsters continue to find new ways to steal taxpayers’ Social Security numbers and other personal information to file false tax returns....
Along with other changes, the recent $2.3 trillion Consolidated Appropriations Act (Act) made significant changes to the Employee Retention Credit (ERC) created earlier in 2020 by the CARES Act....
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